City Skyline Realty pays $6M for 25-unit rental in West Harlem

City Skyline Realty through the entity 501 W 133 LLC paid Ruth Shomron’s College Realty LLC $5.9 million for 1480 Amsterdam Avenue in West Harlem. The deal closed on August 27, 2020, and was recorded on September 15, 2020. The transaction consists of 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 25 residential units. The property is 19,398 square feet. The parcel(s) have total development potential of 19,398 square feet.
The sale price per unit is $237,000.

The contract date was May 26, 2020. The signatory for the buyer was Douglas Peterson.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link