Benchmark Real Estate Group Acquires 49-Unit Multifamily In New York City For $26.85M | 146-150 Tenth Avenue | Joseph (Joe) Koicim, Shaun Riney, Logan Markley, Chris Dintrone | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

25,875 sqft

Located at 146-150 Tenth Avenue in New York City, this multi-family property was recently sold in a closed transaction. The sale was facilitated by Logan Markley, Joe Koicim, Shaun Riney, and Chris Dintrone of Marcus & Millichap. The property was acquired by Benchmark Real Estate Group for a total sale price of $26,850,000.

Summary of transaction details:

Property Type: MultiFamily
Transaction Amount: $26,850,000
Address: 146-150 Tenth Avenue, New York City
Market: New York City
Buyer: Benchmark Real Estate Group
Brokers: Logan Markley, Joe Koicim, Shaun Riney, and Chris Dintrone - Marcus & Millichap

The property consists of 49 units with a price per unit (PPU) of $547,959. It spans a total area of 25,875 square feet, resulting in a price per square foot (PPSF) of $1,038.

Players

All
5

Agents
4
Agencies
1

Joseph (Joe) Koicim

Senior Managing Director

$2B Sold

Shaun Riney

Licensed Associate Real Estate Broker

$1.4B Sold

Logan Markley

Licensed Real Estate Salesperson

$467.5M Sold

Chris Dintrone

Investment Sales

$26.9M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Shaun Riney, Joe Koicim, Logan Markley & Chris Dintrone DATE: 06/28/2023 ADDRESS: 146-150 Tenth Avenue MARKET: New York City ASSET TYPE: MultiFamily BUYER: Benchmark Real Estate Group BROKERS: Logan Markley (@LogantMarkley), Joe Koicim (@Joey1cap), Shaun Riney (@ShaunRiney1) & Chris Dintrone (@Chris_Dintrone) - Marcus & Millichap SALE PRICE: $26,850,000 UNITS: 49 ~ PPU: $547,959 SF: 25,875 ~ PPSF: $1,038

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Address146-150 Tenth Avenue

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