The property involved in this transaction is a condo located at 165 Lexington Avenue in New York City. The sale took place on April 18, 2023.

Summary of transaction details

• Property Type: Condo
• Sale Price: $1,415,000
• Square Footage: 696
• Price per Square Foot: $2,033
• Buyer: Jamie Hubbard & Douglas Johnson
• Seller: Nest Seekers International - Yitzchak Khaimov & Nathan Malkoukian
• Broker: Alexander Zakharin

The buyers, Jamie Hubbard and Douglas Johnson, acquired the condo through their representative, Alexander Zakharin. The sellers were represented by Yitzchak Khaimov and Nathan Malkoukian from Nest Seekers International. The transaction price for the property was $1,415,000, with a total area of 696 square feet. The price per square foot was $2,033.

According to the broker, the apartment was purchased as an investment property and quickly rented out at the highest price ever recorded in the building. The same team that represented the buyers facilitated the rental within just a few days of closing. This successful transaction highlights the thriving real estate market in New York City.