78 Bennett Avenue

Owner: Ph Realty Capital

Acquired: July 22, 2024, $14 million

Debt: October 01, 2024, $24.8 million

Built: 1937

Renovated: 1987

SF: 70,692

Dwelling units: 78

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 6

Transactions:

• PH Realty Capital, Rockledge and Alma Realty borrowed $24.8 million from BridgeInvest for 725 West 184th Street, 4101 Broadway, 110 Bennett Avenue, and 4113 Broadway, Washington Heights, Manhattan on October 01, 2024.

• Sentinel Real Estate sold 725 West 184th Street, Washington Heights, Manhattan for $14 million to PH Realty Capital and Rockledge on July 22, 2024.

Development:

• Ally Perez filed alteration job M01321535 for 681 sqft RES building with 79 apartments in Washington Heights, Manhattan, on April 16, 2026.

• Ally Perez filed alteration job M01087689 for 311 sqft RES building with 79 apartments in Washington Heights, Manhattan, on January 03, 2025.

• Sebastian Acosta filed alteration job M00861299 for 1,225 sqft RES building with 78 apartments in Washington Heights, Manhattan, on July 13, 2023.

• Sebastian Acosta filed alteration job M08004349 for 1,225 sqft RES building with 78 apartments in Washington Heights, Manhattan, on September 16, 2022.

• Harpreet Singh filed alteration job M00421930 for 560 sqft building with 78 apartments in Washington Heights, Manhattan, on November 12, 2020.

Violations:

According to city public data, the properties have received $1,280 in ECB penalties, $1,910 in OATH penalties, and one housing litigation in the last year.

Latest Stories:

• PH Realty, Rockledge, Alma Realty sign $53M acquisition loan with BridgeInvest for rentals in Brooklyn, Manhattan (October 02, 2024)

• PH Realty, Rockledge pay $54.8M to Sentinel for Upper Manhattan rentals, part of $179M deal (July 23, 2024)