Avison Young Sells Multifamily Asset In New York City For $5M

The multifamily property located at 1 Ludlow Street in New York City has been sold for a total price of $5,000,000. The property spans over a total square footage of 1,880, resulting in a price per square foot of $2,660.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Address: 1 Ludlow Street, New York City
• Market: New York City
• Buyer's Representative: Jared Minc
• Seller's Representatives: Brandon Polakoff, Alexandra Marolda, Ryan McGuirl, Joseph Moran - Avison Young

Jared Minc served as the buyer's representative in this transaction, while the seller was represented by Brandon Polakoff, Alexandra Marolda, Ryan McGuirl, and Joseph Moran from Avison Young.