Kamber Management agreed to buy three Upper West Side parking garages from an unnamed European trust for $50 million.
The garages at 80, 100-120 and 220-240 Riverside Boulevard are part of the Trump Place-Riverside South development, the Commercial Observer reported. The seller paid $44.5 million for the properties in 2010.
The majority of the spaces (475) are at 220-240 Riverside Boulevard. Meridian Investment Sales brokered the deal.