Press Release – Cignature Realty Springs into Q1 with $11 Million South Harlem Multifamily Sale
New York, NY – March 29, 2021 – Cignature Realty recently closed a six-building portfolio for $11,000,000. The properties, 353 West 115th Street and 362, 364, 366, 368 and 370 West 116th Street, are 5-story multifamily buildings, with a total of 62 residential units located between Morningside and Manhattan Avenues in South Harlem.
The 54,685 square foot portfolio sold for approximately $201 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