Summit Properties pays $5.7M for 84-unit walkup in Washington Heights, former Pinnacle building
Summit Properties through the entity Flgsp 281/295 Wadsworth Ave LLC paid $5.7 million for the 84-unit residential walkup building (C1) at 281/295 Wadsworth Avenue in Washington Heights, Manhattan. The expected use is cash flowing. The former owner to Pinnacle Group through the entity 281/295 Wadsworth Associates, LLC, lost the property in a bankruptcy. The deal closed on March 31, 2026 and was recorded on April…
