JLL Brokers Acquire Multifamily Building In East Village For $28.5M

Located in East Village, the multifamily property at 101 Avenue D was recently sold for $28,500,000. The transaction took place on September 16, 2022. The property consists of 78 units with a price per unit of $365,385. Additionally, it spans across 45,153 square feet, resulting in a price per square foot of $631.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $28,500,000
• Units: 78
• Price Per Unit: $365,385
• Square Footage: 45,153
• Price Per Square Foot: $631
• Address: 101 Avenue D
• Market: East Village
• Brokers: Guthrie Garvin, Jeff Julien, Andrew Scandalios, Rob Hinckley, Steven Rutman & Jack Norton - JLL

The deal was facilitated by Guthrie Garvin, Jeff Julien, Andrew Scandalios, Rob Hinckley, Steven Rutman, and Jack Norton from JLL. Their expertise and representation played a key role in the successful transaction.