Capin trio makes good on $41m Inwood sale.Timour Shafran, Peter Vanderpool and Lazer Sternhell of Capin & Associates say they completed the $40.8 million sale last week of two six-story elevator elevator, in machinery elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships, apartment buildings in the Inwood section of Manhattan. The trio represented both the buyer, a leading private real estate investment firm, and the seller, a family owned firm. "The two properties, located at 34 Hillside Avenue and 2 Ellwood Street with bus and subway subway: see rapid transit. subway Underground railway system used to transport passengers within urban and suburban areas. The first subway line, 3. service nearby, are actually located in a two block 'hamlet' west of Broadway and under a cliff. They make up the entire block front from the corner of Bogardus Place back to the corner of Ellwood Street thus giving the properties a tremendous presence of roughly 709 feet of frontage," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Sternhell, who added that the average rents in the buildings are low, giving the new owners "a lot of upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar ." |
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