Ennismore & Jack Fuchs Acquire Multifamily Property In Murray Hill For $3.36M

Located in the Murray Hill market, the multifamily property at 130 East 37th Street was recently sold in a closed transaction. The property is zoned as R10 and has a building square footage (BSF) of 9,390. The sale included a total of 12 units, with each unit priced at an average of $280,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,360,250
• Address: 130 East 37th Street
• Market: Murray Hill
• Zoning: R10
• BSF: 9,390
• Price per Unit (PPU): $280,000

The buyers involved in the transaction were Alex Budney from Ennismore and Jack Fuchs from Whitehall. Representing the buyers in the deal were brokers James Nelson, Alexandra Marolda, Bradley Rothschild, and Mitch Levine from Avison Young TriState.

It is worth noting that the asking price for the property was $4,600,000, while the final sale price amounted to $3,360,250. The property spans 5,568 square feet, resulting in a price per square foot (PPSF) of $603.

For more information, you can visit the website of Ennismore LLC.