May
09
Washington Heights Portfolio Sold for $165M
ByThe nine-building Manhattan portfolio brokered by Eastern Consolidated includes residential, retail and office assets.
Eight of the nine buildings brokered by Eastern Consolidated are situated on prominent corners
New York—?Eastern Consolidated has brokered the $165 million sale of a portfolio of nine mixed-use elevator buildings totaling 487,700 square feet in Manhattan’s Washington Heights neighborhood, the company announced on Thursday, the day after the deal closed.
The buildings are located on major corridors, primarily St. Nicholas Avenue, between West 164th and West 192nd Streets and consist of 413 apartments (about 70 percent with two or more bedrooms), 48 street-level retail stores, two professional offices and one rooftop antenna. Eight of the nine buildings reportedly are situated on prominent corners…
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