Cignature Realty recently closed a 10-building multifamily portfolio for $92,000,000. The portfolio, referred to as the Yeshiva Portfolio, is comprised of 407 residential units and four commercial units.
The properties, 399 Audubon Avenue, 400 Audubon Avenue, 403 Audubon Avenue, 407 Audubon Avenue, 90 Laurel Hill Terrace, 110 Laurel Hill Terrace, 497 West 182nd Street, 501 West 184th Street, 556 West 185th Street and 480 West 187th Street are located in Washington Heights.
The 377,540 square foot portfolio sold for approximately $244 per square foot.
Cignature Realty’s Lazer Sternhell and Peter Vanderpool represented both the buyer and the seller in this transaction.