Here’s what the $10M-$20M NYC investment sales market looked like last week

Multifamily building transactions were the name of the game among last week’s New York City mid-market investment sales, with a Brooklyn Heights building trading for $10 million and another in Washington Heights for $13 million. 1. For roughly $18.4 million, an entity managed by BlackRock Realty Advisors parted with a pre-war apartment building at 110 Bennett Avenue in Manhattan’s Hudson Heights neighborhood. The buyer of the six-story, 51-unit property was anonymous, going by the entity […]

from The Real Deal New York

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