NEW YORK, NY – September 16, 2015 – Ariel Property Advisors has been retained to sell two 25’ wide mixed-use walk-up buildings located at 963 and 969 Columbus Avenue in Manhattan Valley. Situated on the east side of Columbus Avenue between West 107th and West 108th Street, the properties contain 20 units in total. The asking price is $15.95 million.

Exclusive agents Shimon Shkury, Victor Sozio and Josh Berkowitz are leading the sales effort on behalf of the owner, a private investor.

Together, the buildings contain 18 residential units, most of which are large three-bedroom apartments, and two commercial units. All of the residential units in both properties are free market and boast individual boilers and hot water heaters.

“963 and 969 Columbus Avenue are turn-key properties which will enable new ownership to capitalize on market-rate rents in an established, yet still growing residential and retail area,” said Victor Sozio, Executive Vice President of Ariel Property Advisors.

The properties offer easy access to Manhattan and outer borough locations via the 1 train on Broadway and 103rd Street and the A,B,C train on 110th Street and Central Park West. The area is in close proximity to major institutions and landmarks such as Central Park, Morningside Park, Barnard College, and Columbia University.