Cignature Realty Brokers $7M Multifamily Building Sale

By: Jaime Lackey

NEW YORK CITY — Cignature Realty Associates has brokered the sale of a 43,160-square-foot residential building, which is located at 880 Saint Nicholas Ave. within the Sugar Hill neighborhood of Harlem. The six-story, 36-unit apartment building sold for $7 million. Peter Vanderpool and Lazer Sternhell of Cignature Realty represented both the buyer, 880 St. Nick LLC, and seller, 880 St. Nicholas Avenue Holdings LP, in the transaction.