Rybak Development Acquires Mixed-Use Building And Hotel In Yorkville For $10.4M

Rybak Development, led by Sergey Rybak, has acquired a mixed-use building located at 1530 York Avenue and a hotel building at 502 East 81st Street in the Yorkville neighborhood of Manhattan. The transaction, facilitated by Mitchel Maidman of Townhouse Management Company, had a sale price of $10.4 million.

Summary of transaction details

• Property Type: Mixed-Use & Hotel
• Transaction Amount: $10,400,000
• Address: 1530 York Avenue & 502 East 81st Street
• Market: Yorkville, Manhattan
• Buyer: Rybak Development - Sergey Rybak
• Seller: Townhouse Management Company - Mitchel Maidman
• BSF: 31,030
• PPBSF: $335
• SF: 13,780
• PPSF: $755

Notable information about this transaction includes Rybak Development's acquisition of the mixed-use and hotel buildings for $10.4 million. The deal was completed in the Yorkville neighborhood of Manhattan.