NEW YORK CITY-A three-building apartment portfolio on Manhattan’s high barrier to-entry Upper West Side has traded for a whopping $145.5 million, according to Rosewood Realty Group, who exclusively handled the off-market transaction. Totaling 350,000 square feet, the multifamily properties include 165 W. 91st St., 393 West End Ave. and 55 W. 92nd St., the company confirms to GlobeSt.com.

Aaron Jungreis, founder and president of Rosewood, represented the seller on the deal, as well as the buyer, who did not wish to be named, but according to city records, the sellers are West 91st Street Holdings, LLC, 393 West End Avenue LLC and 55 West 92nd Street LLC.

The transaction represents nearly 18 times the rent roll, which is “extremely rare” for the Upper West Side, Jungreis comments. “We worked with the sellers for many years, on and off,” he says, noting in a statement that he flipped 55 W. 92nd St. to a different buyer for $20 million while the deal was still in contract.

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