Press Releases Archive
Victor Sozio
EVP - Investment Sales
Ariel Property Advisors
Courtney Lee
Associate Director – Investment Sales
Ariel Property Advisors
NEW YORK, NY – September 1, 2021 – Ariel Property Advisors has arranged the sale of 104-110 West 144th Street, an affordable multifamily building in Central Harlem, for $25.35 million. The sale was arranged by an Ariel team including Victor Sozio, Executive Vice President, Investment Sales, and Courtney Lee, Associate Director, Investment Sales.
104-110 West 144th Street
The property, a four-building complex named the Johanna Apartments, spans 51,560 square feet and comprises 60 two-bedroom units subsidized under the Department of Housing and Urban Development’s project-based Section 8 program. Ariel also arranged the property’s previous sale for $18.75 million.
For more information, please contact: Sarah Berman at 212.450.7300 or sberman@bermangrp.com.
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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.