In a news release issued today, Jasper Venture Group announced it has purchased a five-story, ten unit low-rise apartment building in Harlem for rental redevelopment.
The property, located at 364 West 119th Street, is in Morningside Heights neighborhood adjacent to Morningside Park and Columbia University. The location offers proximity to nearby Harlem restaurants, nightlife, and mass transit.
According to the news release, the brick row house was originally built in 1910, and its facade retains desirable original architectural features, including ornate ironwork and stonework.
Construction will begin in April, 2014.