The Real Deal New York

Here’s what the $10M-$20M NYC investment sales market looked like last week

Asana buys in Williamsburg, E&C Management acquires Harlem apartment building
By Christian Bautista | September 05, 2018 08:45AM

From left: 40 West 127th Street and 93 North 6th Street in Brooklyn (Credit: Google Maps)

In the world of mid-market New York City investment sales last week, Asana Partners acquired a Williamsburg apartment building and E&C Management purchased in Harlem.

1.) Asana Partners bought a six-story mixed-use building in Williamsburg for $10.1 million. The property, at 93 North 6th Street near McCarren Park, contains nine apartments and one commercial unit, according to city data. The commercial space was previously occupied by performance space and gallery Cameo. The seller is 88 Property 2, LLC, which is controlled by Daniel J. Margulies.

2.) E&C Management, represented by Dan Rozenblatt, bought a six-story apartment building in Harlem for $11.5 million. The building, at 40 West 127th Street, contains 24 units. The seller is 172 E Holding LLC, controlled by Ana McNeur, which has owned the property since at least the 1980s.