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Vibe Flats & Affiliate Of JDL & Sons Acquires 28-Unit Residential Building In Kips Bay, Manhattan, For $12M

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Sold 05/01/2023
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Vibe Flats & Affiliate Of JDL & Sons Acquires 28-Unit Residential Building In Kips Bay, Manhattan, For $12M

240 East 28th Street

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Sold 05/01/2023
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Summary

Transaction Type:Sale

A 28-unit residential walkup building in Kips Bay, Manhattan has been sold for $12 million. The property, located at 240 East 28th Street, spans over 17,569 square feet of built space.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $12,000,000
  • Address: 240 East 28th Street
  • Market: Kips Bay, Manhattan

Vibe Flats and affiliate JDL & Sons, represented by Darren Lachar, acquired the property from Salvatore Notaro's JGJ Realty Holdings, LLC.

Players

3 deals$8.2M volume
SELLER

Details

SOLD
IMAGE: 05/01/2023 ADDRESS: 240 East 28th Street MARKET: Kips Bay, Manhattan ASSET TYPE: Multifamily BUYER: Vibe Flats & Affiliate of JDL & Sons - Darren Lachar SELLER: Salvatore Notaro SALE PRICE: $12,000,000 SF: 17,569 ~ PPSF: $683 NOTE: Vibe Flats and affiliate JDL & Sons, through Marc Gramercy 240 LLC, paid $12 million to Salvatore Notaro's JGJ Realty Holdings, LLC for a 28-unit residential walkup building in Kips Bay, Manhattan. The property, located at 240 East 28th Street, has 17,569 square feet of built space.

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