David R. Brand Of TOR Real Estate Sells 20 Unit Multifamily At 159 West 85th Street For $8.84M

The asset involved in this transaction is a MultiFamily property located at 159 West 85th Street in the Upper West Side. The sale price for the property was $8,840,000, and it consists of 20 units, resulting in a price per unit of $442,000. The total square footage is 11,880, which translates to a price per square foot of $744.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $8,840,000
• Units: 20
• Price Per Unit: $442,000
• Square Footage: 11,880
• Price Per Square Foot: $744
• Seller: David R. Brand - TOR Real Estate & Management LLC
• Brokers: Paul Smadbeck, Hall Oster, Teddy Galligan, Braedon Gait & Conrad Martin - JLL
• Sale Date: 03/31/2025

The key individuals involved in the transaction include David R. Brand, representing the seller, and a brokerage team from JLL comprising Paul Smadbeck, Hall Oster, Teddy Galligan, Braedon Gait, and Conrad Martin, who facilitated the transaction.