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Brokerage
Posted: March 22, 2022
JLL Capital Markets completes sale of 54,800 s/f six-story apartment building
New York, NY JLL Capital Markets has closed the $6.55 million sale of 353 Fort Washington Ave., a six-story, 36-unit, 54,800 s/f, 
elevatored residential building. JLL represented the seller, The Lewner Estate. Alma Realty acquired the property.
The building occupies the entire southern block-front along West 176th St. between Fort Washington and South Pinehurst Ave. and overlooks J. Hood Wright Park. The unit mix consists of spacious two-, three- and four-bedroom units and one studio apartment.
The property features convenient subway access via the A line, located one block away at W. 175th St. New York Presbyterian Hospital is located seven blocks south of the property.
The JLL Capital Markets team representing the seller was led by chairman Bob Knakal; managing directors Jonathan Hageman, Clint Olsen and Hall Oster and vice president Teddy Galligan.
“This well-maintained stand alone is an outstanding long-term opportunity,” Knakal said. “Its location on the border of Hudson Heights and Washington Heights, with access to incredible green space and transit, makes it a highly attractive asset.”
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