Sean Lefkovits And Lance Lefkovits Of SL Property Group Acquire Mixed-Use Asset For $7.825M

The asset involved in this transaction is a mixed-use property located at 430 Amsterdam Avenue in the Upper West Side market. The sale price was $7,825,000, which translates to a price per unit of $391,250 for the 20 units available in the property. The total square footage of the asset is 13,945, resulting in a price per square foot of $561.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,825,000
• Units: 20
• Price Per Unit: $391,250
• Square Footage: 13,945
• Price Per Square Foot: $561
• Buyer: Sean Lefkovits & Lance Lefkovits - SL Property Group
• Broker: Thomas Gammino - Lee & Associates

Sean Lefkovits and Lance Lefkovits of SL Property Group are notable for their recent momentum, having closed $50 million in transactions in the last 90 days. They are actively negotiating over $200 million in contracts and aiming for over $200 million in acquisitions before the year's end, focusing on prime NYC opportunities valued between $5 million and $100 million across various property types including value-add, development, and core+.