ARIEL PROPERTY ADVISORS SELLS RETAIL PROPERTY FOR $3.4 MILLION

ARIEL PROPERTY ADVISORS SELLS RETAIL PROPERTY FOR $3.4 MILLION

NEW YORK, NY – June 15, 2012 – (RealEstateRama) — Ariel Property Advisors has sold a Central Harlem retail property leased by Citibank for $3.4 million. Exclusive agents Victor Sozio, Shimon Shkury, and Michael Tortorici handled the sale for a private owner. The property was sold to a private investment group that operates multiple retail locations throughout the country.

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Ariel Property Advisors is a New York City investment property sales firm. The firm produces a number of research reports including the Multifamily Month in Review: New York City; Northern Manhattan Sales Report; and Northern Manhattan Fundamentals Report.

Contact:

Phone: 212-544-9500 or 917-301-5706

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