Victor Sozio
EVP - Investment Sales
Ariel Property Advisors
Michael A. Tortorici
EVP - Investment Sales
Ariel Property Advisors
John Higgins
Investment Sales Professional
Ariel Property Advisors
NEW YORK, NY – January 27, 2020 – Ariel Property Advisors has been retained on an exclusive basis to sell 112-114 West 116th Street, a rare 19-unit mixed-use building located in a prime region of Central Harlem. The asking price for the 5-story property is $7 million.
112-114 West 116th Street
The fully occupied walk-up building, which spans 18,000 square feet, is situated on the south side of West 116th Street between Saint Nicholas and Lenox Avenues. The asset contains 16 Class A rent-stabilized apartments and 3 retail units.
Exclusive Ariel Property Advisors agents Victor Sozio, Orry Michael, Michael A. Tortorici and John Higgins are representing the seller.
Additionally, the property is steps away from the 2 and 3 subway station, providing residents easy access throughout Manhattan and outer-borough locations.
More information is available from the exclusive agents at 212-544-9500: Victor Sozio, ext. 12, vsozio@rielpa.com; Michael A. Tortorici, ext. 13, mtortorici@arielpa.com; and John Higgins, ext. 58, jhiggins@arielpa.com.
For more information, please contact: Sarah Berman at 212.450.7300 or berman@bermangrp.com.
