Howard Hershkovich pays $12M to nonprofit for property in Washington Heights

Howard Hershkovich through the entity HF Washington LLC paid Birch Family Services, Inc. $12 million for 554 Ft Washington Avenue in Washington Heights. The deal closed on October 22, 2020, and was recorded on November 6, 2020. The transaction consists of 1 parcel, including the tax class schools or academies (W3). The property is 14,040 square feet. The parcel(s) have total development potential of 66,343 square feet.
The average sale price per square foot is $181.

Birch Family Services is a nonprofit that serves individuals with autism and developmental disabilities and their families. The contract date was February 28, 2020.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $20,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Howard Hershkovich