Victor Sozio
Founding Partner
Ariel Property Advisors
Shimon Shkury
President and Founder
Ariel Property Advisors
Michael A. Tortorici
Founding Partner
Ariel Property Advisors
NEW YORK, NY – June 20, 2023 – Ariel Property Advisors has arranged the sale of a nine-building affordable housing portfolio for $39,333,000.
Of the nine buildings, two are in the Morrisania neighborhood of the Bronx with the remainder in Harlem. Together, the properties total over 287,000 square feet and include 309 residential apartments and four commercial units.
An Ariel team comprised of Victor Sozio, Founding Partner, Shimon Shkury, President and Founder, and Michael A. Tortorici, Founding Partner, represented the seller.
For more information, please contact: Gail Donovan at 212.544.9500 ext. 19 or gdonovan@arielpa.com.
