Tag: Ariel Property Advisors

NEW YORK, NY - June 15, 2012 - (RealEstateRama) -- Ariel Property Advisors has sold a Central Harlem retail property leased by Citibank for $3.4 million. Exclusive agents Victor Sozio, Shimon Shkury, and Michael Tortorici handled the sale for a private owner. The property was sold to a private investment group that operates multiple retail locations throughout the country.

NEW YORK, NY - June 14, 2012 - (RealEstateRama) -- New York City multifamily transaction volume rose 29 percent in April 2012 compared to April 2011, but year-over-year dollar volume fell by 18 percent, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

NEW YORK, NY - May 15, 2012 - (RealEstateRama) -- New York City multifamily sales remained strong in March, maintaining a healthy level of consistency from a very active February, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

NEW YORK, NY - May 2, 2012 - (RealEstateRama) -- Ariel Property Advisors has announced the closing of three adjoining buildings at 546-52 West 146th Street in West Harlem for $8.9 million.

NEW YORK, NY - April 17, 2012 - (RealEstateRama) -- New York City multifamily transactions jumped 34 percent in the first quarter of 2012 compared to the same period last year, and were up 11 percent compared to the fourth quarter of 2011, according to Ariel Property Advisors’ Multifamily Quarter in Review: New York City

NEW YORK, NY - April 5, 2012 - (RealEstateRama) -- New York City multifamily sales activity surged in February 2012, far exceeding January’s lackluster figures and year-over-year comparisons, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

NEW YORK, NY - March 30, 2012 - (RealEstateRama) -- March 30, 2012—Brooklyn saw 377 commercial real estate transactions in 2011 consisting of 562 properties and totaling approximately $1.8 Billion in gross consideration, according to the Brooklyn Year-End Sales Report 2011 released by Ariel Property Advisors.

NEW YORK, NY - March 13, 2012 - (RealEstateRama) -- A financial institution has retained Ariel Property Advisors to sell its financial lien positions for nine investment properties in Manhattan, Brooklyn, the Bronx, and Long Island.

NEW YORK, NY - March 12, 2012 - (RealEstateRama) -- Multifamily transactions in New York City increased six percent in January 2012 compared to December 2011, but month-over-month dollar volume fell due to the absence of deals by institutional investors, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

NEW YORK, NY - March 6, 2012 - (RealEstateRama) -- Ariel Property Advisors has been retained to sell a vacant, six-parcel development site at 148-46 Hillside Avenue near the vibrant downtown Jamaica regional business district in Queens. The asking price is $5.75 million.

NEW YORK, NY - March 1, 2012 - (RealEstateRama) -- Strong fundamentals backed up strong investment sales in Northern Manhattan during 2011, according to Ariel Property Advisors’ Northern Manhattan Fundamentals Report, an overview of residential and retail markets that gives investors a better understanding of today’s revenue drivers affecting investment property values uptown.

NEW YORK, NY - February 28, 2012 - (RealEstateRama) -- Ariel Property Advisors has been retained to sell a Washington Heights development site at 605 W. 161st Street near Columbia Presbyterian Hospital. The asking price is $3.15 million.