Cignature Realty negotiates $6.1m sale of 29-unit multifamily

New York, NY Cignature Realty finalized the sale of a seven-story multifamily elevator building. The property sold for $6.1 million, equating to $194 per s/f.

The property, 512 West 151^st St., has a total of 29 residential units and is located between Broadway and Amsterdam Ave, in the Hamilton Heights neighborhood.

The building totals 31,500 s/f.

Cignature Realty’s Lazer Sternhell and Peter Vanderpool represented both the buyer and the seller in this transaction. Adana Properties LLC was the seller, and the purchaser was 512 W 151 LLC.

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