The transactions included the following:
● Harlem, Northern Manhattan. A 30,632-square-foot multifamily building at 201 W 148th Street with 25 affordable residential units and one commercial unit sold for $5,855,000. An Ariel team comprised of Victor Sozio, Founding Partner, Shimon Shkury, President and Founder, and Michael A. Tortorici, Founding Partner, represented the seller.
● Carroll Gardens, Brooklyn. A 5,480-square-foot corner mixed-use building at 65
Woodhull Street sold for $2,900,000. The building includes six residential units (four free market and two rent stabilized) and two retail units. Ariel Partner Sean Kelly, Associate Director Nicole Daniggelis and Director Stephen Vorvolakos arranged the sale.
● Wakefield, Bronx. A 10,000 square foot industrial/warehouse property at 4330 Bullard
Avenue sold for $2,225,000. The vacant two-story building features 100-feet of frontage
on Bullard Avenue and includes a driveway and loading dock. The transaction team was
led by Ariel Senior Director Jason Gold and Director Daniel Mahfar.
