Thor Equities acquires 526 West 111th Street in Morningside Heights

New York, NY Thor Equities has closed on the acquisition of 526 West 111^th St., a 43,000 s/f rental apartment building in Morningside Heights, according to company executives.  Located between Broadway and Amsterdam Ave. near Columbia University, the six-story prewar elevator building is comprised of 45 residential units. The property is ideally located in Morningside Heights just steps from the 1 train, three blocks from the B/C train, and a short drive to the Henry Hudson Parkway. “As young families increasingly look to live in Upper Manhattan, 526 West 111^th Street benefits from a prime location near Columbia University, Barnard College and Teachers College, as well as its proximity to public transportation and the nearby $7 billion, 17-acre expansion of Columbia University,” said Joseph Sitt, CEO of Thor Equities. Thor Equities owns a number of additional residential properties in the surrounding area including 17 West 125^th Street, 98 Morningside Ave., 838 West End Ave., and 840 West End Ave. Rosewood Realty’s Aaron Jungreis was the sole broker on the transaction.