Ohebshalom Sells Mixed-use & Multifamily Portfolio In Manhattan For $331.1M
New York
See Similar DealsOhebshalom Sells Mixed-use & Multifamily Portfolio In Manhattan For $331.1M
137 Sullivan Street, Manhattan, 10012
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The transaction involved a mixed-use and multifamily portfolio located in Manhattan, comprising a total of 448,079 square feet. The asset consists of 22 properties and was sold for $331,075,000, translating to a price per square foot of $739. The sale was finalized on February 28, 2026.
Summary of transaction details:
- Property Type: Mixed-use & Multifamily
- Transaction Amount: $331,075,000
- Square Footage: 448,079
- Price per Square Foot: $739
- Number of Properties: 22
- Market: Manhattan
- Landlord: Ohebshalom
The sale features multiple multifamily deals across Manhattan and Brooklyn, notably highlighting the Ohebshalom family's involvement in this substantial portfolio transaction. Additionally, there are indications that several deals include matching LLC names on both sides, leading to questions regarding whether these were arm's length sales or internal transfers.
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