Cignature Realty Associates
News:
Brokerage
Posted: December 5, 2017
Vanderpool and Sternhell of Cignature Realty close $13.25 million sale of Washington Heights property
Cignature Realty Associates
Cignature Realty Associates
Manhattan, NY Cignature Realty Associates closed a $13.25 million sale of a six-story corner multifamily elevator building with 54 apartments in the borough’s Washington Heights neighborhood.
The 41,736 s/f building at 221 Wadsworth Ave., was built in 1928, and sold for 17.4 times the current annual rent roll, at a cap rate of 3.22%.
Cignature Realty’s Peter Vanderpool and Lazer Sternhell represented the buyer and the seller.
Tags:
Brokerage
MORE FROM Brokerage
Cammeby’s successful Q3 office portfolio leases and renewals
Manhattan, NY Cammeby’s completed 19 new lease signings and renewals totaling 89,560 s/f across its Lower Manhattan office portfolio during Q3 2026. The quarter’s leasing activity, highlighted by Allied Global Marketing’s
Quick Hits
 (2).gif)
Columns and Thought Leadership
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
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
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
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.
.gif)