Press Release – Cignature Realty Closes $13.9 Million Washington Heights Deal
New York, NY – January 11, 2022 – Cignature Realty finalized the sale of a three-building Manhattan multifamily portfolio for $13,900,000. The portfolio comprises one 5-story multifamily apartment building and two 5-story mixed-use buildings with a total of 89 residential units and 4 retail units.
The properties, 295 Fort Washington Avenue, 558 West 189th Street and 2192 Amsterdam Avenue are located in Washington Heights and have a combined 91,409 square feet and sold for approximately $152 per square foot.
Cignature Realty’s Lazer Sternhell and Peter Vanderpool represented both the buyer and the seller in this transaction.
About Cignature Realty Associates Inc
Cignature Realty is a commercial real estate brokerage company located in New York City. The Company, a leader in New York Metro multifamily and mixed-use apartment building sales, provides unparalleled deal execution supported by exceptional market intelligence for a broad range of real estate investors, from single-property owners to institutional and private equity funds.
The Cignature Realty team has closed hundreds of commercial real estate transactions and has accumulated multiple awards recognizing their achievements and contributions to the New York real estate industry.
For additional information, please visit www.CignatureRealty.com.
Lazer Sternhell Lazer@CignatureRealty.com
(212) 643-1880 ext 18
Markiya Lee Markiya@DesignMattersInc.com