News: Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional