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Big Uptown MXD Portfolio Changes Hands

NEW YORK CITY—“This area—near Morningside Park and Central Park—is a great place to live and it's affordable,” Eastern Consolidated's Matthew Sparks tells GlobeSt.com
EXCLUSIVELY
.

By Rayna Katz | Updated on August 03, 2015

NEW YORK CITY—A mixed-use portfolio comprised of 14 buildings in Upper Manhattan has traded for $58 million, GlobeSt.com has learned EXCLUSIVELY. Eastern Consolidated arranged the sale of the properties, which feature 176 residential units and eight retail stores.

Matthew Sparks, senior director, represented the seller, Morningside Partners I, and 9-11 CPN, as well as the buyer, a private investor. Wade Hazelton, associate director of financial services, served as the analyst on the deal.

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