A 48-unit apartment property located at 2130 Adam Clayton Powell Jr Boulevard in Harlem was sold for $18.8 million. The seller is a large institution. The buyer is a private investor with institutional backing. Names of the buyer and seller were not disclosed.
The transaction was managed by Joe Koicim, Shaun Riney, Seth Glasser, Michael Fusco, Benny Katz, and Jeremy M. Klausner from Marcus & Millichap’s NYC office.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.