Press Release – Cignature Realty Closes $9.3 Million Washington Heights Multifamily Sale
New York, NY – July 23, 2021 – Cignature Realty brokered the sale of a 6-story multifamily elevator building for $9,250,000. The property, 548 West 164th Street, has a total of 54 residential units and is located between Broadway and Saint Nicholas Avenue in Washington Heights.
The 56,634 square foot building sold for approximately $163 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