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Elad Group Acquires Lenox Hill Multifamily & Development Site For $61M

Property Image
SOLD
$61,000,000

New York

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Development Site47,680 SF
Sold 05/16/2022
the dealdetailscomps
Property Image
SOLD

Elad Group Acquires Lenox Hill Multifamily & Development Site For $61M

204 East 75th Street, New York City, New York 10021, United States

See Similar Deals
Development Site47,680 SF
Sold 05/16/2022
the dealdetailscomps

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$1,279
Total Square Footage:47,680 SF
Transaction Type:Sale

The multifamily and development site located at 204 East 75th Street, 1297 3rd Avenue, and 1299 3rd Avenue in Lenox Hill has been sold. The property was sold by Premier Equities to Elad Group for a total price of $61,000,000. The building has a building square footage (BSF) of 47,680, which translates to a price per building square footage (PPBSF) of $1,279.

Summary of transaction details:

  • Property Type: Multifamily & Development Site
  • Transaction Amount: $61,000,000
  • Address: 204 East 75th Street, 1297 3rd Avenue & 1299 3rd Avenue
  • Market: Lenox Hill
  • Buyer: Elad Group
  • Seller: Premier Equities
  • BSF: 47,680
  • PPBSF: $1,279

The transaction took place on 05/16/2022. Uzi Ben Abraham & Yaron Jacobi were the representatives involved in the deal, representing Elad Group and Premier Equities respectively.

Players

Elad Group
Elad Group
BUYER
Premier Equities
Premier Equities
SELLER

Details

SOLD
IMAGE: Uzi Ben Abraham & Yaron Jacobi DATE: 05/16/2022 ADDRESS: 204 East 75th Street, 1297 3rd Avenue & 1299 3rd Avenue MARKET: Lenox Hill ASSET TYPE: Multifamily & Development Site BUYER: Elad Group SELLER: Premier Equities (@PremierEquities) SALE PRICE: $61,000,000 BSF: 47,680 ~ PPBSF: $1,279

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