Cignature Realty Sold 519 West 143rd Street for $9.3 Million

June 8, 2016

By ROSALIE R. RADOMSKY   

 

519 West 143rd Street (between Broadway and Hamilton Place) Sold for $9,300,000

 

A property management company has bought this six-story elevator building, built around 1920, with 24 apartments — one two-bedroom and 23 four-bedrooms. The 29,520-square-foot building sold for 19.1 times the rent roll.

 

Buyer: Barberry Rose Management

 

Seller: Hillcrest Acquisitions L.L.C.

 

Brokers: Lazer Sternhell and Peter Vanderpool, Cignature Realty

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