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Perseus Capital Mgmt Sells Manhattan Multifamily for $8.5M

JV Acquires 24 Units, Five Stores
By Justin Sumner
CoStar News
May 16, 2014 | 6:44 P.M.

Cignature Realty Associates, Inc. and Tal Realty LLC acquired the multifamily building at 3450-3456 Broadway in New York City from Perseus Capital Management for $8.5 million, or about $293,000 per unit, at 12.8 times rent roll.

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