Slate Property Group Acquires Multifamily Building In Greenwich Village For $22.85M

A multifamily property in Greenwich Village has been sold for a price of $22,850,000. The property, located at 118 West 13th Street, spans an area of 33,975 square feet. The sale was completed on September 9, 2021. The asset, which falls under R6 zoning, is situated in the bustling neighborhood of Greenwich Village.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $22,850,000
• Square Footage: 33,975
• Address: 118 West 13th Street
• Market: Greenwich Village
• Zoning: R6

The buyer is Slate Property Group represented by David Schwartz, Martin Nussbaum, and Steve Figari. The seller of the property is TheNewSchool. The transaction was facilitated by broker Bob Knakal LL.

The unique aspect of this property is its rare 63-foot width. It is a residential building located on a townhouse block in Greenwich Village. Notably, the building was delivered vacant, presenting an exceptional investment opportunity for Slate Property Group. This transaction marks the beginning of a series of closings for Slate this fall. For any potential opportunities, they can be contacted via email at [email protected].