Rosewood Realty closes two sales totaling $5.125 million in Harlem; Includes the $3.7 million sale of 203 West 144th Street by Jungreis

Rosewood Realty Group has closed two recent multifamily sales totaling $5.125 million. The first deal was the sale 203 West 144th St., a six-story walk-up consisting of 28 apartments and two commercial units - a church and a vacant store in North Central Harlem, that sold for $3.7 million. The 21,678 s/f building was built in 1921. Aaron Jungreis represented the seller, Standard 144 Venture LLC and the buyer, Black Spruce Partners III LLC Rosewood also closed 116 East 117th St. in East Harlem for $1.425 million. The four-story walk-up building, featuring 10 apartments, was built in 1910. Michael Kerwin of Rosewood represented the seller, 117 Alexandria Property LLC and Samuel Kooris, also of Rosewood, represented the buyer, a local private investor. Rosewood Realty is a boutique commercial brokerage firm that focuses on sales in multi-family, retail and office properties largely in New York, New Jersey and Connecticut. This year, Rosewood --- which has already closed over 50 deals and over $500 million in sales --- is on track to beat last year with an estimated 100 deals worth over $1 billion dollars.