Visionary Leadership and Strategic Expertise Drive Successful Transaction
Adelaide Polsinelli, the visionary Vice Chairman of Compass, a trailblazing publicly traded real estate platform renowned for its technological prowess, in collaboration with Yuli Tsai, also of Compass, have achieved a resounding success with the sale of a multifamily gem nestled in the heart of East Harlem, at 310 East 120th Street.
Positioned strategically amidst a tapestry of new residential developments, this property stands as a testament to the art of location intelligence. In close proximity to the bustling East River Plaza Mall – an urban oasis anchored by marquee brands like Costco, Target, Marshall’s, and Aldi – this multifamily jewel epitomizes convenience and value shopping. Its enviable adjacency to the East River Waterfront and multiple parks underscores its commitment to outdoor recreation, complemented by seamless access to the FDR Drive.
Spanning 3,420 square feet across four stories, this three-unit multifamily building presents a tantalizing canvas for redevelopment. Nestled within the dynamic footprint of East Harlem, 310 East 120th Street enjoys superb connectivity to multiple subway stops, including the 6 at 116th St, seamlessly integrating urban living with metropolitan mobility.
A meticulously curated marketing process culminated in the discovery of a forward-thinking, international buyer who recognized the intrinsic worth of the property’s location, its untapped potential, and the promising future of New York City. Swift action and a seamless closure underscored the dynamism of this transaction.
Adelaide Polsinelli, celebrated for her three decades of industry leadership, asserted, “This transaction stands as a once-in-a-cycle opportunity for astute investors seeking to forge a legacy of generational prosperity. Our role in this deal signifies the perfect confluence of strategic insight, innovation, and tangible value.”
For further details, please connect with Adelaide Polsinelli at 646-418-7695 or via email at apolsinelli@compass.com.
About Adelaide Polsinelli: With an illustrious career spanning over three decades, Adelaide Polsinelli’s indomitable spirit has steered the sale of more than 1,600 properties, surpassing a staggering valuation of $40 billion across diverse asset classes. Her recent accomplishments encompass landmark sales across NYC, Miami, Boston, Chicago, and the northeastern corridor. Prior to her pioneering role at Compass, she held a distinguished position as Principal at the esteemed Eastern Consolidated.
