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Downtown Manhattan Multifamily Sells For $72.5M On West 11th St

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SOLD
$72,500,000

New York

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MultiFamily24,000 SF
Sold 01/30/2024
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Property Image
SOLD

Downtown Manhattan Multifamily Sells For $72.5M On West 11th St

138 West 11th Street & 140 West 11th Street

See Similar Deals
MultiFamily24,000 SF
Sold 01/30/2024
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$3,020
Total Square Footage:24,000 SF
Transaction Type:Sale

Downtown Manhattan's townhouse market reached a record as an undisclosed buyer secured a double-wide home in Greenwich Village for $72.5 million in an off-market deal. This transaction marks the area's highest-ever townhouse sale. The property, located at 138-140 West 11th Street, is a multifamily asset consisting of 12,000 square feet. The sale price equates to a price per square foot of $6,042.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $72,500,000

The sale was facilitated by Joshua Wesoky of Compass, who represented the undisclosed buyer in this off-market deal.

Players

Joshua Wesoky
Compass
Joshua Wesoky
4 deals$107.3M volume
BROKER

Details

SOLD
IMAGE: Joshua Wesoky DATE: 01/30/2024 ADDRESS: 138-140 West 11th Street MARKET: Downtown Manhattan ASSET TYPE: Multifamily BROKER: Joshua Wesoky - Compass (@Compass) SALE PRICE: $72,500,000 SF: 12,000 ~ PPSF: $6,042 NOTE: Downtown Manhattan's townhouse market reached a record as an undisclosed buyer secured a double-wide home in Greenwich Village for $72.5 million in an off-market deal, marking the area's highest-ever townhouse sale.

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