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David Lubin Acquires Three Mixed-Use Properties In Washington Heights For $15.75M From Carmelo Milio

Property Image
SOLD
$15,750,000

New York

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Mixed-use75,676 SF
Sold 11/18/2024
the dealdetailscomps
Property Image
SOLD

David Lubin Acquires Three Mixed-Use Properties In Washington Heights For $15.75M From Carmelo Milio

565 West 181st Street

See Similar Deals
Mixed-use75,676 SF
Sold 11/18/2024
the dealdetailscomps

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$208
Total Square Footage:75,676 SF
Transaction Type:Sale

David Lubin acquired three mixed-use properties located at 565 W 181st Street, 554 W 181st Street, and 558 W 181st Street in the Washington Heights market for $15.75 million, equating to $208 per square foot. The total square footage of the properties is 75,676 square feet. The transaction was finalized on November 18, 2024.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $15,750,000
  • Buyer: David Lubin
  • Seller: Carmelo Milio
  • Market: Washington Heights
  • Square Footage: 75,676
  • Price Per Square Foot: $208
  • Transaction Date: November 18, 2024

This transaction involved David Lubin purchasing the properties from seller Carmelo Milio, with the transaction reflecting a significant movement in the Washington Heights real estate market for mixed-use properties.

Details

SOLD
IMAGE: 11/18/2024 ADDRESS: 565 W 181st Street, 554 W 181 ST & 558 W 181 ST MARKET: Washington Heights ASSET TYPE: Mixed-use BUYER: David Lubin SELLER: Carmelo Milio PRICE: $15,750,000 SF: 75,676 ~ PPSF: $208 NOTE: David Lubin acquired three mixed-use properties—565 W 181st Street, 554 W 181st Street, and 558 W 181st Street—in Washington Heights for $15.75 million ($208/SF) from Carmelo Milio. The deal closed on November 18, 2024, totaling 75,676 square feet.

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