January 6, 2013

Ben Ashkenazy nabs Harlem commercial condo for $21.5 million

By Zachary Kussin

Ben Ashkenazy has purchased a Harlem retail condominium located at 300 West 145th Street for $21.5 million, according to a release from Massey Knakal, which represented the seller in thee transaction. The property occupies the whole block — between 144th and 145th streets and Bradhurst Avenue and Frederick Douglass Boulevard. It includes three retail units and one belowgrade parking garage. Total square footage of the retail measures 50,000 square feet, the bulk of which is occupied by a Pathmark supermarket.

“The retail market in northern Manhattan has produced some stellar transactions recently, this one included,” said Chairman Bob Knakal, who along with Jonathan Hageman handled the sale, said in the Jan. 8 release.

As previously reported, Ashkenazy recently closed on a pair of retail properties in Harlem for $19 million — a vacant theater and a threestory retail building. The seller was Emmes Properties.