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Ariel Property Advisors Arranges $45 Million Sale Of Upper Manhattan Affordable Housing Portfolio


Four-Building Hudson View II & III Portfolio Includes 129 Project-Based Section 8 Units and 11 Rental Retail Units

Victor Sozio
Founding Partner
Ariel Property Advisors

Shimon Shkury
President & Founder
Ariel Property Advisors

Remi Mandell
Director - Research & Sales
Ariel Property Advisors

NEW YORK, NY – July 14, 2026 – Ariel Property Advisors (Ariel) announced the $45 million sale of Hudson View II & III, a four-building affordable housing portfolio in Upper Manhattan’s Hamilton Heights neighborhood.



520 West 145th Street

The portfolio includes 520 West 145th Street, 528 West 145th Street, 1704 Amsterdam Avenue and 502-504 West 145th Street. Together, the properties comprise 129 Project-Based Section 8 residential units, and 11 retail units located along 200 feet of frontage on Amsterdam Avenue, a major retail thoroughfare. The portfolio extends to approximately 143,000 square feet.


An Ariel Property Advisors team comprised of Victor Sozio, Founding Partner, Shimon Shkury, President and Founder, Remi Mandell, Director of Research and Sales, arranged the sale on behalf of the seller.


The properties benefit from their position in a transit-rich section of Upper Manhattan, with quick access to multiple subway lines and many neighborhood amenities.


The portfolio sale also highlights ongoing investor interest in Hamilton Heights, a neighborhood near major educational institutions including City College, Columbia University and the Manhattan School of Music, diverse dining options and access to open space and recreation at Riverbank State Park and Jackie Robinson Park. Additionally, over 500 square feet of new development is planned within the portfolio’s immediate vicinity.



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Ariel Property Advisors

Ariel Property Advisors is a New York City-based commercial real estate services and advisory company offering expertise in three core areas: Investment Sales, Capital Services and Research & Advisory. Our Investment Sales Group specializes in all major commercial asset types throughout the New York metropolitan area, the Capital Services Group provides clients nationwide with custom-tailored financing solutions and the Research & Advisory team delivers timely market reports, empowering both our professionals and clients. Additionally, our recent strategic partnership with GREA (Global Real Estate Advisors), a nationwide network of independent real estate investment services companies, further expands our reach and capabilities. To learn more, please visit us at arielpa.nyc.


Media Contact

Gail Mitchell Donovan, Senior Director - 
                          Communications, Ariel Property Advisors

Gail Mitchell Donovan

Senior Director - Communications

212.544.9500 ext. 19

gdonovan@arielpa.com

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