Japanese Firm Acquires Upper West Side Apartments for $25M

Alchemy Ventures has announced the sale of 310 W. 80th St., a 36-unit residential elevator building on Manhattan’s Upper West Side, to Japan-based Phoenix Co. Ltd. for $24.8 million. Alchemy originally acquired the property in February 2024 for $11.2 million, with the sale representing a significant increase from the company’s acquisition price after a gut renovation....