Ariel Property Advisors brokers three sales totaling $2.91 million
Ariel Property Advisors has brokered the sale of three properties in upper Manhattan and Yonkers totaling $2.91 million. The deals included:
* Central Harlem: A five-story, mixed-use property at 2272 Adam Clayton Powell Jr. Blvd. traded for $1.2 million. The 6,355 s/f, destabilized building located between 132nd and 133rd Sts. consists of a ground floor retail unit and four, four-bedroom units. Ariel brokers Victor Sozio and Jesse Deutch were the exclusive agents for the seller, a real estate investment group. Joseph Aizer of Aizer Realty represented the real estate investors that bought the property.
* Washington Heights: A four-story townhouse at 505 West 173rd St. near Columbia Medical Center traded for $700,000. The 3,816 s/f building features four, floor-through apartments. Ariel brokers Sozio, Deutch, and Michael Tortorici were the exclusive agents for the buyer and seller.
* Yonkers: A 6,175 s/f lot that houses a 4,425 s/f commercial building at 796-800 Yonkers Ave. traded for $1.01 million. Located across the street from the newly developed Yonkers Raceway and Empire City Casino, the property features four retail units with basements. Ariel brokers Scot Hirschfield and Sozio were the exclusive agents for the seller, a private investor. Robin Herko and David Scotto of NAI Friedland represented the buyer, a private investor.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.