Press Release – Cignature Realty Confirms $3.7 Million Inwood Retail Strip Deal

New York, NY – Cignature Realty announced the sale of 220 Nagle Avenue, a single-story retail strip center with a total of 4 stores, for $3,700,000.

The 5,000 square foot property, with an additional 15,000 square feet of air rights, sold for approximately $740 psf. 220 Nagle Avenue is located on the southwest corner of Academy Street and Nagle Avenue in Inwood, Manhattan.

Cignature Realty’s Lazer Sternhell, CEO; and Peter Vanderpool, President, represented the buyer and the seller in this transaction.

###

About Cignature Realty Associates Inc

Cignature Realty is a commercial real estate brokerage company located in New York City. The Company, a leader in New York Metro multifamily and apartment building sales, provides unparalleled deal execution supported by exceptional market intelligence for a broad range of real estate investors, from single-property owners to institutional and private equity funds.

The Cignature Realty team has closed hundreds of commercial real estate transactions and has accumulated multiple awards recognizing their achievements and contributions to the New York real estate industry.

For additional information, please visit CignatureRealty.com.

Media Contacts

Lazer Sternhell Lazer@CignatureRealty.com

(212) 643-1880 ext 18

Markiya Lee Markiya@DesignMattersInc.com

212 519-9875