Eastern Consolidated To Market Harlem Building For $3.8M

101 West 143rd StreetEastern Consolidated, an investment sales brokerage firm, has been retained as the exclusive agent to market a six-story, mixed-use residential and commercial building at 101 West 143rd Street. A bankruptcy auction sale for the 20,580-square-foot, corner building is scheduled for April 18, 2014. Bidding will start at $3.850 million.

The walk-up building is comprised of 20 apartment units – including 11 three-bedrooms, eight two-bedrooms, and one four-bedroom – and six commercial units located on the street level.

“This Central Harlem property has significant upside potential and a mix of large apartments, which are in demand in this growing neighborhood,” said Matthew Sparks, Senior Director with Eastern Consolidated, who exclusively represents the seller. “It’s a unique opportunity for pre-qualified bidders to get in on an investment property in a neighborhood that will continue to see positive growth.”

The property is located across from the Colonel Charles Young Playground, a few blocks from the City College of New York.

Manhattan-based Eastern Consolidated is a full-service real estate investment services firms, with a worldwide roster of institutional, private investor clients and with annual sales up to $4 billion.

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