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Acquisitions

HLM Realty acquires 213 West 85th Street

Rebecca Shoval is the seller

213 West 85th Street (Credit: Apartments.com)

Lynne Dintrone’s HLM Realty has acquired 213 West 85th Street from Rebecca Shoval for $8.25 million. The Upper West Side multifamily building spans 10,500 square feet, and is located between Amsterdam Avenue and Broadway.

Dig Deeper: The property contains five free market units, including one studio, one one-bedroom, and three three-bedroom apartments. There is also below-grade space in the basement that can be renovated to extract additional income. The building sits just one block away from the 1 and 2 trains.

Flashback: The Shoval Group acquired the property from Robert Lewis for $8.7 million in 2014.

Brokers: The deal was brokered by Hall Oster, Teddy Galligan, and Tim O’Brien of JLL as well as Rich Pretsfelder of Leslie J Garfield & Co.

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