NEW YORK CITY-Real estate development and investment firm the Dermot Company has reportedly sold a four-building, 186-unit multifamily portfolio in the Inwood section of Manhattan for $31 million.
A&E Real Estate's Doug Eisenberg acquired the properties, according to The Real Deal. The properties are located at 222-228 Seaman Ave., 29-45 Sickles St., 623-631 West 207th St. and 631 West 207th St. The portfolio was listed for a total asking price of $34.45 million in September.
Peter Von Der Ahe, Scott Edelstein and Seth Glasser of Institutional Property Advisors, a division of Marcus & Millichap, represented both the buyer and seller. Eisenberg was also represented by Rosewood Realty Group's Aaron Jungreis in the transaction. See story in The Real Deal.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.