PH Realty Capital pays $3.7M to Jeffrey Farkas for property in West Harlem

Peter Hungerford’s PH Realty Capital through the entity West 125Th Street Realty LLC paid Jeffrey Farkas’s Chosen Realty Corp. $3.7 million for 543 West 125th Street in West Harlem. The deal closed on January 15, 2021 and was recorded on February 11, 2021. The transaction consists of 1 parcel, including the tax class multifamily, semi-fireproof with stores (D7) and containing 43 residential units. The property is 29,436 square feet. The signatory for the buyer was Peter Hungerford.
The sale price per unit is $86,512.

The contract date was January 15, 2021, the same as the sale date. The last time the property sold was April 30, 2013 for $1,810,281.
Over the past five years, there have been 6 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 6 renovation/alteration projects (A2) applied for with a total estimated value of $225,060.

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