Recent Sale $11.5 Million: 285 Fort Washington Avenue (at West 172nd Street) Manhattan

November 5, 2014

A local real estate investor bought this corner six-story mixed-use walk-up in Washington Heights with 39 apartments — 20 one-bedrooms, 10 two-bedrooms and nine three-bedrooms — as well as two professional offices. The 37,170-square-foot building sold for 14.1 times the current rent roll.

 

BUYER:  Heritage Realty

SELLER:  285 Ft. Washington Apartments L.P.

BROKERS:  Peter Vanderpool and Lazer Sternhell, Cignature Realty Associates

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Information contained herein is from sources deemed reliable but is subject to errors, omissions, change of price or terms, and withdrawal without prior notice at any time. © 2015 - 2017. Cignature Realty and the skyline quadrilateral are registered trademarks of Cignature Realty Associates Inc.
Cignature Realty Associates Inc  //  Licensed Real Estate Brokers
825 West End Avenue, Suite 1A  //  New York, NY 10025 
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