Rick Herman Acquires Washington Heights Multifamily For $10.15M

The multifamily property located at 1314 Riverside Dr in Washington Heights has been sold for a total of $10,150,000. The property spans a total area of 49,322 square feet, resulting in a price per square foot of $223. This transaction involved a total of 64 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,150,000
• Square Footage: 49,322
• Price Per Square Foot: $223
• Number of Units: 64

Rick Herman has acquired the property as the buyer in this transaction. The deal was facilitated by the brokers Peter Von Der Ahe, Seth Glasser, and Jacob Kahn from NewYorkMultifamily.