Treetop Development Sells Harlem Apartment Buildings For $18Million+

The Real Deal reports that the Teaneck, New Jersey-based Treetop Development sold off a quartet of Harlem apartment buildings for $18.75 million to Renaissance Realty Group, at $312,500 per unit. The four contiguous five-story buildings, at 104-110 West 144th Street, have 15 units each. Renaissance took out a $17 million mortgage to finance the acquisition.

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