Howard Hershkovich pays $11M to Mitchell Hirth for property in Central Harlem

Howard Hershkovich through the entity Hf Morningside LLC paid Mitchell Hirth’s West 115/116 Street, L.P. $11.0 million for 353 West 115th Street, 362 West 116th Street, and 370 West 116th Street in Central Harlem. The deal closed on March 1, 2021 and was recorded on March 23, 2021. The transaction consists of 3 parcels, including the tax class multifamily, old law tenements (C4) and containing 64 residential units. The properties have a total of 48,790 square feet of built space. The parcel(s) have total development potential of 54,685 square feet.
The sale price per unit is $171,875.

The contract date was December 7, 2020.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $23,000.

Direct link to Acris document. link
The signatory for the buyer was Howard Hershkovich.