Ariel arranges five Upper Manhattan sales totaling $20.95 million
Ariel Property Advisors has arranged five Upper Manhattan transactions totaling $20.95 million. The properties include:
* Twelve walk-up buildings on Manhattan Ave. sold for $14.5 million. The sales team of Shimon Shkury, Victor Sozio, and Michael Tortorici represented the seller and procured the buyer, both real estate investment firms.
* A five-story, 10,705 s/f building with 14 units at 160 West 141st St. in Central Harlem sold for $2.45 million. Exclusive agents Sozio, Tortorici, Jesse Deutch, and Marko Agbaba represented the seller and procured the buyer, both local real estate investors.
* A five-story, 4,500 s/f SRO building at 137 West 111th St. in Central Harlem sold for $2.1 million. Exclusive agents Sozio, Tortorici, Deutch, and Agbaba represented the seller and procured the buyer, both private investors.
* A four-story SRO walk-up at 221 West 134th St. in Central Harlem sold for $975,000. Exclusive agents Sozio, Tortorici, Josh Berkowitz, and Agbaba represented the seller and procured the buyer, both private investors.
* A vacant lot with 9,992 buildable s/f at 10 West 132nd St. in Central Harlem sold for $925,000. Exclusive agents Sozio, Tortorici, Deutch, and Agbaba represented the seller, a religious institution, and procured the buyer, a private developer.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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