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Ariel Closes Sales in West Harlem, Upper West Side
Ariel Property Advisors arranged the sale of two multifamily properties totaling $11.535 million located in West Harlem and Manhattan’s Upper West Side.
● A vacant five-story, 10-unit walk-up building at 246 W. 108th St. sold for $5.8 million, or $611 per square foot.
The transaction was brokered by an Ariel team including Shimon Shkury, president and founder; Victor Sozio, founding partner; and directors Howard Raber and Mark Anderson.
● A six-story, 25-foot-wide multifamily elevator building comprising 11 free-market residential units at 369 W. 126th St. sold for $5.735 million, or $510 per square foot. It’s located near the highly active 125th Street retail corridor, Columbia University’s Manhattanville campus and recent developments such as The Taystee Building, The Victoria Theater and a retail center anchored by Whole Foods.
The transaction was brokered by an Ariel team including Sozio and associate directors James Nestor and Evan Hirsch.
- ◦Sale/Acquisition
