Japanese investors head uptown.In a deal which underscores continuing heavy investor appetite for properties on the Upper West Side of Manhattan, 149-151 West 78th Street has just traded for $5.1 million. The rental property is an income producing, 18-unit, four-story, walkup walk·up also walk-up n. 1. An apartment house or office building with no elevator. 2. An apartment or office in a building with no elevator. situated between Amsterdam and Columbus Avenues. Itzhaki Properties acted for both buyer and seller in the all cash deal; Susan Stone represented the seller, West 78th Street Associates; while Minako Suzuki introduced the buyer, K & K Realty LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of City-based Japanese investors, who already own Upper West Side property. Leonard Reiss, Esq. of Toback, Hyman, Bernstein, & Reiss LLP LLP - Lower Layer Protocol represented the seller in the transaction, while Laurence Schiro, of Laurence Schiro, Novick, Edelstein, Lubell, Reisman, Wasserman Leventhal, P.C. acted for the buyers. |
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