Jambo Property Group Acquires Multifamily In Upper West Side Manhattan For $4.25M

The property at 111 West 77th Street, located in the Upper West Side of Manhattan, has been sold in a recent transaction. The multifamily property was purchased by Jambo Property Group, represented by Jambo Trauber, for a total sale price of $4,250,000. The seller of the property was Building Equity Management, with Jared Minc from Building Equity Management acting as the broker in the transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,250,000
• Buyer: Jambo Property Group - Jambo Trauber
• Seller: Building Equity Management
• Broker: Jared Minc - Building Equity Management

The property consists of 10 units, with a per unit price of $425,000. The total square footage of the property is 5,980, resulting in a price per square foot of $711.