Recent Sale | $23 million | 1616 Amsterdam Avenue (at West 140th Street) | Brokers: Lazer Sternhell

A private investor has bought this 58,810-square-foot, seven-story 1916 elevator building in Hamilton Heights. It offers 14 one-bedrooms, 30 two-bedrooms and 10 three-bedrooms, of which 17 are free-market, 36 are rent-stabilized and one is rent-controlled. The sales price was 17.3 times the rent roll.

Buyer: Amsterdam 140 L.L.C.

Seller: Sugar Hill Capital Partners

Brokers: Lazer Sternhell and Peter Vanderpool, Cignature Realty

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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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