Northgate Real Estate Group Acquires Multifamily Property In Upper East Side, Manhattan For $6M

The property located at 14 East 82nd Street in the Upper East Side, Manhattan, was sold in a real estate transaction. The asset type of this property is a multifamily building, offering residential units for multiple families. The transaction was facilitated by Greg Corbin of Northgate Real Estate Group.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $6,000,000
• Square Footage: 9,300
• Price Per Square Foot: $645
• Date: 09/20/2023
• Market: Upper East Side, Manhattan

This transaction involved the sale of a multifamily property on 14 East 82nd Street in the Upper East Side, Manhattan. The sale price for this property was $6,000,000, with a total area of 9,300 square feet and a price per square foot of $645. The transaction took place on 09/20/2023 and was facilitated by Greg Corbin from Northgate Real Estate Group. It's worth noting that this sale was a UCC foreclosure sale, specifically involving the membership interests. The sale price reflects the outstanding balance associated with the property.