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Thor Buys Second Harlem MF Property

NEW YORK CITY—The property, which includes retail space, is located on 125th street, Harlem's key retail artery.

By Rayna Katz | Updated on August 20, 2015

NEW YORK CITY—Showing its confidence in Harlem, Thor Equities has picked up its second multifamily property in the area. Thor has closed on the acquisition of 17 W. 125th St. for nearly $30 million. Both the buyer and seller—which was TreeTop Development—were represented in the transaction by Westwood Realty Associates‘ Steven Vegh and Phil Goldstein.

Located between Fifth and Lenox Avenues, 17 W. 125th St. is comprised of 50 rental units, including 32 one-bedroom apartments, 14 two-bedroom units, and 3 three-bedroom residences a pre-war property constructed in 1900. In addition to apartments, the property includes retail space. In addition, the property includes retail space.

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