The three buildings contain a total of 65 units and a commercial space. 

 

By Brendan Krisel, Patch Staff

 

EAST HARLEM, NY — Three East Harlem buildings are hitting the real estate market as a packaged deal for nearly $20 million, according to the real estate firm hired to market the portfolio.

The buildings — 88 E. 111th St., 524 E. 119th St. and 1882 Park Ave. — are being marketed by Ariel Property Advisors at an asking price of $18.5 million, the firm announced this week. The portfolio contains more than 60 apartment units and one commercial building that most-recently served as the office of a contracting firm.

The most expensive building in the portfolio is 88 E. 111th St., located between Madison and Park avenues. Ariel values the mixed-used building at $8.7 million. The building contains 28 apartment units — a mix of five one-bedrooms, 13 two-bedrooms and 10 three-bedrooms — and two retail spaces.

 

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