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Ariel Property Advisors has arranged the sales of multifamily properties in West Harlem and Manhattan's Upper West Side

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. 


Inside The Story

Ariel Property Advisors

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition