Jamie Hubbard & Douglas Johnson Acquire Residential Condo In Kips Bay For $2.9M

The property at 181 East 28th St. in Kips Bay was recently sold. The residential condo, with a total area of 1,247 square feet, was purchased for $2,900,000, resulting in a price per square foot of $2,325. The transaction took place on 09/02/2021. The buyer of the property is Jamie Hubbard & Douglas Johnson, while the seller is Forkosh Development Group. Alexander Zakharin from Avenues Real Estate represented the buyers in this deal.

Summary of transaction details:

• Property Type: Residential Condo
• Transaction Amount: $2,900,000
• Address: 181 East 28th St.
• Market: Kips Bay

A note from the buyer's representative, Alexander Zakharin, states that this transaction marks the first purchase in a new development. The representative also mentions that they are working on more transactions with the ownership and encourages interested parties to contact them to become one of the first owners.