Sozio of Ariel sells Hamilton Heights multifamily for $3.725 million; Seller of the seven-story property was 512 Equities Inc.

A seven-story, elevator apartment building at 512 West 151st St. has sold for $3.725 million, according to Ariel Property Advisors. The 50-footwide multifamily property, located in the Hamilton Heights section, is 31,500 gross s/f and consists of 28 rent stabilized units, two of which are one-bedroom units, and 26 are two-bedroom units. The seller was 512 Equities Inc. and the buyer a private investor. Victor Sozio, vice president Ariel Property Advisors, brokered the sale.

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Investment Property Realty Group closes $2.65 million sale of 723 6th Ave. in Greenwood Heights

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 723 6th Ave., a mixed-use building located in the Greenwood Heights section of the city, for $2.65 million.

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