Press Releases Archive
Victor Sozio
EVP - Investment Sales
Ariel Property Advisors
Shimon Shkury
President
Ariel Property Advisors
Michael A. Tortorici
EVP - Investment Sales
Ariel Property Advisors
Matthew L. Gillis
Director - Investment Sales
Ariel Property Advisors
NEW YORK, NY – September 9, 2021 – Ariel Property Advisors has listed the Ivey Delph Apartments at 13-19 Hamilton Terrace in Manhattan for $19.5 million. Designed by renowned architect Vertner Woodson Tandy, the first licensed Black architect in New York, the nationally landmarked building sits in the heart of the historic Hamilton Heights neighborhood. The Ariel team leading the sale includes Victor Sozio, Executive Vice President, Investment Sales; Shimon Shkury, President; Michael A. Tortorici, Executive Vice President, Investment Sales; and Matthew L. Gillis, Director, Investment Sales.
13-19 Hamilton Terrace
The six-story building was originally developed by real estate trailblazer Dr. Walter Ivey Delph and was the first Black apartment project to be backed by a Federal Housing Administration mortgage. At 46,616 square feet, the building spans 78 residential units—55 studios, 17 one-bedrooms and six two-bedrooms.
“This property is located on one of Hamilton Heights’ most coveted and historic blocks,” said Sozio. “As the greater West Harlem area continues its appreciation, these historic apartments offer a significant footprint that bridges the city’s rich past and ascendant future.”
The apartments are steps away from City College and St. Nicholas Park, as well as offer proximity to Riverside Park, Columbia University and a range of shopping, dining, culture and recreation destinations throughout Harlem and Upper Manhattan. Residents also benefit from nearby transportation options, including the A, B, C, 1 and 3 lines.
For more information, please contact: Sarah Berman at 212.450.7300 or sberman@bermangrp.com.
Loading...
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.