Prana Investments pays $6M to Enterprise Asset Management for property in Inwood

Prana Investments through the entity 682 Academi St. LLC paid Enterprise Asset Management’s 682 Inwood Owner LLC $6.1 million for 682 Academy Street in Inwood. The deal closed on August 3, 2020, and was recorded on August 20, 2020. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 30 residential units. The property is 22,650 square feet. The parcel(s) have total development potential of 28,310 square feet.
The sale price per unit is $203,333.

The signatory for the seller was Howard Trachtenberg. The contract date was February 21, 2020. Enterprise  bought the property on March 16, 2011, for $3,205,000.

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 Richard Herman