Ryco Capital Acquires Multifamily Property In East Village For $29M
New York
See Similar DealsRyco Capital Acquires Multifamily Property In East Village For $29M
127 2nd Avenue, 129 2nd Avenue & 36 Saint Marks Place
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Located in the East Village of Manhattan, the multifamily property at 127-129 Second Avenue & 36 Saint Marks Place was recently involved in a closed transaction. The property comprises 69 units with a total square footage of 42,310 and was sold for $29,000,000, equating to a price per unit of $420,290 and a price per square foot of $685.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $29,000,000
- Units: 69
- Price Per Unit: $420,290
- Square Footage: 42,310
- Price Per Square Foot: $685
- Address: 127-129 Second Avenue & 36 Saint Marks Place, East Village, Manhattan
The deal was facilitated by the brokers Joseph Koicim, Logan Markley, Zan Colin, and Matt Berger from Marcus & Millichap. The buyers were Ryco Capital and the sellers were Josh Halegua, Nathan Halegua, and Martin Newman. This transaction marked a significant event in the real estate market of the East Village.
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