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East Harlem portfolio|Sales|01/20/2010
- Event Sales
- Address East Harlem portfolio
- Price $ 26,900,000
- Borough Manhattan
- Publication Date 03/01/2010
- Deal Date 01/20/2010
- Party 1 Pinnacle Group, Praedium Group
- Party 1 Brokerage Massey Knakal Realty Services
- Party 1 Broker Shimon Shkury
notes
The affordable housing portfolio sold for $26.9 million. Known as Met Paca I and Met Paca II, the buildings operate under a Section 8 rent subsidy contract with the U.S. Department of Housing and Urban Development. The new owner plans to continue to maintain the portfolio as affordable housing.
