Here’s what the $10M-$20M NYC investment sales market looked like last week City Skyline Realty buys and sells in Hamilton Heights
From left: 522 West 157th Street, Slate s Martin Nussbaum and David Schwartz and 153 Ludlow Street
In the world of mid-market New York City investment sales last week, Slate Property Group picked up a rental building on the Lower East Side, and City Skyline Realty sold off one Hamilton Heights property and bought another.
1.) Slate Property Group bought a six-story rental building on the Lower East Side for $10 million. The 22-unit property at 153 Ludlow Street spans 11,000 square feet and includes two retail units. The previous landlords were Arwen Equities, which owned the building since 1995.
2.) Carmelo Milio’s Trion Real Estate Management picked up a 41-unit building in Hamilton Heights for $17 million. The seller, Doug Peterson’s City Skyline Realty, bought the six-story building for less than half that price in 2014, paying $8 million. The building, located at 48 St. Nicholas Place between West 153rd and 154th streets, spans 42,924 square feet, putting the apartments at roughly 1,000 square feet on average, and the price at $414,000 per door. Daniel Parker of Hodges Ward Elliott represented the seller.
3.) In the same Hamilton Heights neighborhood, Peterson’s City Skyline Realty bought a 44-unit apartment building for $15.5 million. The six-story building at 522 West 157th S上海千花网龙凤论坛