Ryco Capital Acquires Multifamily Portfolio From Josh Halegua Nathan Halegua Martin Newman Ezra Mashaal For $103M

The asset involved in this transaction is a multifamily property located at 141 2nd Avenue, 145 2nd Avenue, 149 2nd Avenue, 151-153 2nd Avenue, 156-158 2nd Avenue & 157 2nd Avenue in the East Village, Manhattan. The property encompasses a total square footage of 120,000 and was transacted for a sale price of $103,000,000, resulting in a price per square foot of $858.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $103,000,000
• Square Footage: 120,000
• Address: 141 2nd Avenue, 145 2nd Avenue, 149 2nd Avenue, 151-153 2nd Avenue, 156-158 2nd Avenue & 157 2nd Avenue
• Market: East Village, Manhattan
• Buyer: Ryco Capital
• Seller: Josh Halegua, Nathan Halegua, Martin Newman & Ezra Mashaal
• Broker: John Florek - Fairview Property Group & Josh Halegua - Jonis Realty
• Price Per Square Foot: $858

The key individuals involved in the transaction include the buyer, Ryco Capital, and the sellers who are Josh Halegua, Nathan Halegua, Martin Newman, and Ezra Mashaal. The brokerage team featured John Florek representing Fairview Property Group and Josh Halegua from Jonis Realty, playing a crucial role in facilitating this multifamily property deal.