Press Release – Cignature Realty Finishes Q1 with $5.3 Million Manhattan Valley Multifamily Sale
New York, NY – April 20, 2021 – Cignature Realty recently closed a two-building portfolio for $5,292,000. The properties, 200-202 West 107th Street are two multifamily apartment building with a total of 30 residential units, 4 retail units and 1 storage facility located in Manhattan Valley.
The 43,713 square foot portfolio, with 17,648 square feet of air rights, sold for approximately $121 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