Thor Equities has acquired a seven-story rental building in Harlem for $23.4 million. Located at 213-219 West 116th Street, the building formally known as the Jerome is a 40,000 sqf prewar elevator building with 39 apartments and a 5,500 square foot retail component. Trading for $585 per sqf, the building features two and three bedroom units with a mix of rent-stabilized and market-rate units. Amit Doshi and Lynda Blumberg of Besen & Associates brokered the deal.
