What do actor Robert De Niro, NBA legends Shaquille O’Neal and David Robinson, and New England Patriots owner Robert Kraft all have in common? Yes, that’s right, you guessed it, chances are all four commercial real estate investors have successfully taken advantage of the tax benefits of a 1031 exchange…
Manhattan, NY Ariel Property Advisors has facilitated the sale of 57 East 130th St., a newly-constructed multifamily building in East Harlem. The six-story elevatored property sold for $3.2 million, equating to $511 per s/f.