Self-Storage Planned At Hamilton Heights

Atlanta-based self-storage developer Mequity has closed, for $15.6 million, on the acquisition of the seven-story, 40,593-square-foot commercial building at 465 West 150th Street, in Hamilton Heights. The new owner plans to convert the building into a CubeSmart self-storage facility with 1,424 climate-controlled storage units.

The conversion project is expected to begin later this year and wrap up in 2018.

Become a Harlem insider - Sign-Up for our Weekly Newsletter!


Jernigan Capital has already provided $26.5 million in financing that will go towards acquisition and construction, Commercial Observer reported. Alteration permits have not been filed at this time with the Department of Buildings.

Photo credit: 465 West 150th Street, in October 2011. Via PropertyShark and source.

Share This Story
Related:  Free Muffins Today Only At Best Market Harlem

About Harlem World Magazine

Harlem World Magazine is about living your best life and style around the block and around the world of Harlem.

Leave a Reply