News: Brokerage

Sozio, Shkury, Tortorici, Michael and Lev of Ariel Property Advisors exclusively retained to sell HP Plaza Portfolio

Manhattan, NY Ariel Property Advisors has been exclusively retained to sell the HP Plaza Portfolio, a package of nine walk-up buildings in the Central Harlem neighborhood. 

The portfolio, which encompasses 106,799 gross s/f, contains 116 residential units, three retail units and one super’s apartment. The residential units are comprised of 17 studios, 29 one-bedroom units, 62 two-bedroom units, and nine three-bedroom units. 

Exclusive agents Victor Sozio, Shimon Shkury, Michael Tortorici, Orry Michael and Matthew Lev are representing the seller.  

The properties also benefit from their proximity to transportation options, with the 3 subway line just one block east and the A, B, C, and D subway lines are a short walk away. A cultural and academic institutions are also nearby, including  City College of New York, The National Dance Academy, Frederick Douglass Academy, and Jackie Robinson Park.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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