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Rent-stabilized Landlord Sells Portfolio At 44% Discount

Rent-stabilized Landlord Sells Portfolio At 44% Discount
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Cignature Realty Closes $6.1 Million Hamilton Heights Deal

Cignature Realty finalized the sale of a 7-story multifamily elevator building for $6,100,000. The property, 512 West 151st Street, has a total of 29 residential units and is located between Broadway and Amsterdam Avenue in Hamilton Heights. The 31,500 square foot building sold for approximately $194 per square foot. Cignature. ....

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