Genesis Companies and BETHEL DESTINY PAVILION HOUSING DEV. FUND CORP paid $10M to HCCI GENESIS Y15 HOUSING DEV. FUND CORPORATION

Genesis Companies and BETHEL DESTINY PAVILION HOUSING DEV. FUND CORP through the entity JENKINS PORTFOLIO COMPANIES LLC paid HCCI GENESIS Y15 HOUSING DEV. FUND CORPORATION $9.6 million for 8 parcels, including the tax class multifamily, old law tenements (C4) and containing 95 residential units at 204 West 149 Street, 134 West 139 Street, 140 West 139 Street, 106 West 134 Street, 114 West 134 Street, and others in Central Harlem. The deal closed on June 28, 2019 and was recorded on July 18, 2019. The parcel(s) have total development potential of 131,663 square feet.
The sale price per unit is $101,389.

The last time the property sold was May 18, 2005, for $3,506,258.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $175,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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