Schwalbe Family Acquires Multi-family Property On Attorney Street In Manhattan For $40M

The multi-family property located at 155 Attorney Street in Manhattan has been sold for a price of $40,000,000. Covering a gross square footage of 30,000, the property has a price per square foot of $1,333. The building comprises a total of 37 units, making it an attractive investment opportunity in the market.

Summary of transaction details

• Property Type: Multi-family
• Transaction Amount: $40,000,000
• Gross Square Footage: 30,000
• Price Per Square Foot: $1,333
• Number of Units: 37

The seller of the property is Midtown Equities, represented by Joseph Cayre. On the other hand, the buyer is the Schwalbe family. The property is currently in contract, and there is also a package of scattered lots on 147-149, 153, 148-150, & 152 Attorney Street associated with the transaction.