Nathan Benelyahou Purchases Mixed-Use Property From The Kim Family For $1.95M In Lenox Hill

The property located at 448 East 79th Street in the Lenox Hill market of NYC is a mixed-use asset featuring 8 apartments and 2 stores. The sale price for this property was $1,950,000, encompassing a total square footage of 7,455 and a price per square foot of $262. The building consists of 10 units in total, contributing to its description as a rent stabilized building.

Summary of transaction details:

• Property Type: Mixed-use (8 Apts & 2 Stores)
• Transaction Amount: $1,950,000
• Square Footage: 7,455
• Price per Square Foot: $262
• Units: 10
• Buyer: Nathan Benelyahou
• Seller: The Kim Family
• Brokers: Adam Lobel, Zachary Ziskin & Justin Zeitchik - Investment Property Realty Group (IPRG)

The transaction involved key individuals including Nathan Benelyahou as the buyer and The Kim Family as the seller. Adam Lobel, Zachary Ziskin, and Justin Zeitchik from Investment Property Realty Group (IPRG) represented the parties in this deal.