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Acquisitions

A&E acquires 81 Wadsworth Avenue

Property contains 48 residential units and a retail component

81 Wadsworth Avenue (Credit: Google Maps)

A&E Real Estate has acquired 81 Wadsworth Avenue from Morris Weinberg for $13.135 million, according to public records. The Washington Heights multifamily building spans 41,280 square feet.

Dig Deeper: The building contains 48 residential units (45 are stabilized), in addition to a retail component, which is occupied by Family Dental & Pediatric Center and a Daycare Center.

Location: The property is located between 177th and 178th Streets, just two blocks away from the 175 Street Station with access to the A train.

Brokers: The deal was brokered by Peter Von Der Ahe, Seth Glasser, Joe Koicim, and Jacob Kahn of Marcus & Millichap.

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