Four Winds Acquires Murray Hill Multifamily For $32.75M With Brokers From JLL

A multifamily property located at 138 E. 38th Street in Murray Hill, Manhattan has been sold. The property consists of 81 units, with a total square footage of 48,520. The sale price for this transaction was $32,750,000, resulting in a price per unit of $404,320 and a price per square foot of $674.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $32,750,000
• Units: 81
• Price per Unit: $404,320
• Square Footage: 48,520
• Price per Square Foot: $674

The buyer in this transaction was Four Winds represented by Josh Landau and David Schneiderman. The seller was Bi-Coastal Management. The deal was facilitated by brokers Bob Knakal, Stephen Palmese, Clint Olsen, Ethan Stanton, Jonathan Hageman, Stephen Godnick, and Jacob Russell from JLL.