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Acquisitions

ABJ Properties buys Central Harlem buildings from Treetop

Nice quick profit for Treetop

173 West 133rd Street (Credit: Treetop)

Ben Soleimani’s ABJ Properties has acquired 173 West 133rd Street and 2265, 2267, 2269, and 2273 Adam C Powell Boulevard from Treetop Development for $16.4 million.

Dig Deeper: The four mixed-use buildings span 39,455 Square Feet, and contain 41 apartments, plus six retail units. The vacant lot features around 6,450 Square Feet of unused development rights.

Flashback: Treetop’s Azi Mandel and Adam Mermelstein paid $11.25 million for the properties in 2014. They make it look easy — nice job!

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