Coleman of Houlihan Parnes/iCap arranges 72-unit building sale

James Coleman of Houlihan Parnes / iCap Realty Advisors, has arranged the sale of a six-story elevator apartment building with 72 apartments located at 615 West 183rd St. The property is located on the corner of Wadsworth Ave. and was held by the owner for 20 years. The purchaser completed a tax free exchange as part of the transaction. The seller was represented by Elizabeth Smith of Goldberg, Weprin & Ustin. Houlihan-Parnes/iCap Realty Advisors, LLC is a nationally affiliated, multi-faceted real estate investment company headquartered in White Plains, N.Y. Its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Its various companies and affiliates specialize in commercial mortgage finance, investment sales, property management, leasing and mortgage servicing. For more information, please contact James J. Houlihan at (914) 694-6070, ext. 324 or by e-mail at: [email protected].