Glacier Equities Acquires Upper West Side Multifamily Package Deal For $6M

The property involved in this transaction is a package deal consisting of 18 sponsor units, including 10 residential co-op units and 8 commercial condominiums. The total sale price was $6,000,000, representing approximately $410 per square foot. The asset, located at 107-111 West 82nd Street in the Upper West Side, has a total area of 14,622 square feet, and the price per unit comes to around $333,000.

Summary of transaction details:

• Property Type: Package Deal - Multifamily
• Transaction Amount: $6,000,000
• Address: 107-111 West 82nd Street
• Market: Upper West Side
• Square Footage: 14,622
• Price per Square Foot: $410
• Price per Unit: $333,000
• Buyer: Glacier Equities - Myles Horn
• Seller: Marty Hollander
• Brokerage: Cushman & Wakefield
• Brokers: Brett Weisblum, Eric Roth, Tyler Signora, Harry James

The deal featured Glacier Equities as the buyer, represented by Myles Horn, while the seller, Marty Hollander, facilitated the transaction through the brokerage Cushman & Wakefield. The brokerage team included Brett Weisblum, Eric Roth, Tyler Signora, and Harry James, contributing along with their expertise to complete the sale of the multifamily asset.