Steven M. Bari Of JPB Enterprises Acquires Multifamily Asset From Steven Forkosh For $7.3M

A nine-unit residential walkup located at 130 East 61st Street in the Lenox Hill market was sold for $7.3 million. The asset has a total square footage of 8,450 and a price per square foot of $864, which translates to a price per unit of $811,111.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $7,300,000
• Units: 9
• Square Footage: 8,450
• Price per Unit: $811,111
• Price per Square Foot: $864
• Buyer: Steven M. Bari - JPB Enterprises
• Seller: Steven Forkosh - Forkosh Development Group
• Sale Date: 10/09/2025

Steven M. Bari, representing JPB Enterprises, completed the purchase from seller Steven Forkosh, who represents Forkosh Development Group. The transaction reflects the ongoing activity in the multifamily market within Lenox Hill.