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Ariel Arranges Sale of Central Harlem Section 8 Multifamily
Ariel Property Advisors has arranged the sale of 104-110 W. 144th St., an affordable multifamily building in Central Harlem, for $25.35 million.
Buyer and seller weren’t disclosed. The sale was arranged by an Ariel team including EVP Victor Sozio and associate director Courtney Lee.
The property, a four-building complex named the Johanna Apartments, spans 51,560 square feet and comprises 60 two-bedroom units subsidized under the Department of Housing and Urban Development’s project-based Section 8 program. Ariel also arranged the property’s previous sale for $18.75 million.
- ◦Sale/Acquisition

