SOLD
CIM Group Acquires Rental Units/Garage On UES From Crescent Heights For $200M
165 East 66th Street
Mixed-use
20,083 SF
20,083 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
20,083 sqft
The property at 165 E 66th St in the Upper East Side (UES) was recently sold in a transaction involving rental units and a garage. The sale was completed on 04/12/2019 for a total price of $200 million, resulting in a price per unit of $1,315,789. The property consists of 152 units.
Summary of transation details
- Property Type: Rental units/ Garage
- Transaction Amount: $200M
- Address: 165 E 66th St
- Market: UES
- Buyer: CIM Group
- Seller: Crescent Heights
The deal was facilitated by the brokers involved in the transaction. Bunny Escava and Nicholas Wiggins from KSR, along with Joe Koicim from Marcus & Millichap, represented the buyer and seller. Their expertise and negotiation skills played a role in bringing the transaction to a successful close.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Shaul Kuba, Avi Shemesh, Bunny Escava & Joe Koicim @Joey1cap
DATE: 04/12/2019
ADDRESS: 165 E 66th St
MARKET: UES
ASSET TYPE: Rental units/ Garage
BUYER: CIM Group
SELLER: Crescent Heights
BROKERS: KSR - Bunny Escava & Nicholas Wiggins & Joe Koicim - Marcus & Millichap
PRICE: $200M
PPU: $1,315,789
UNITS: 152View on map
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Address165 East 66th Street
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