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Gould Investors Acquires Multi-Family Property In Upper East Side, Manhattan

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SOLD

New York

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MultiFamily370,000 SF
Sold 06/01/2018
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Gould Investors Acquires Multi-Family Property In Upper East Side, Manhattan

153 E 96th St, New York, NY 10128, USA

See Similar Deals
MultiFamily370,000 SF
Sold 06/01/2018
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:370,000 SF
Transaction Type:Sale

The multi-family property located at 153-159 East 96th Street in New York City has been sold for $25.5 million. Spanning over 37,000 square feet, this asset is situated in the Upper East Side of Manhattan. With a total buildable square footage of approximately 97,000, the price per square foot stands at $689, while the price per buildable square foot is $262. Comprised of 40 units, each unit was priced at $637,500.

Summary of transaction details:

  • Property Type: Multi-Family
  • Transaction Amount: $25.5 million
  • Total Square Feet: 37,000
  • Total Buildable Square Feet: Approximately 97,000
  • Price per Square Foot: $689
  • Price per Buildable Square Foot: $262
  • Number of Units: 40
  • Price per Unit: $637,500

The selling parties involved in this deal were the Wolfson and Zlotnick Families. On the buying side, Gould Investors, represented by Fred Gould, acquired the property.

Players

John Florek
13 deals$264.7M volume
BROKER

Sean Lefkovits
12 deals$62.6M volume
BROKER

Details

SOLD
IMAGE: Sean Lefkovits (@4Lefko) , John Florek (@SognoStudio), and Fred Gould DATE: 06/01/2018 ADDRESS: 153-159 East 96th Street CITY: New York MARKET: Upper East Side, Manhattan ASSET TYPE: Multi-Family PRICE: $25.5M SF: 37K TOTAL BSF: Approx 97K PPSF: $689 PPBSF: $262 UNITS: 40 PPU: $637,500 SELLER: Wolfson and Zlotnick Families BUYER: Gould Investors – Fred […]

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