Douglas Elliman And Christie's International Real Estate Sell Multifamily Property In New York City For $8.2M

A multifamily property located at 159 West 9th Street in New York City has been sold for $8,200,000. The property consists of 13 units with an average price per unit (PPU) of $630,769. The total square footage of the property is 14,300, with an average price per square foot (PPSF) of $573.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $8,200,000
• Units: 13
• PPU: $630,769
• Square Footage: 14,300
• PPSF: $573
• Address: 159 West 9th Street, New York City

The sale of this multifamily property was facilitated by two brokerage firms. Jill Preschel and Nicholas Lounsbury from Douglas Elliman represented the seller, while Smitha Ramchandani and Edward F Joseph from Christie's International Real Estate represented the buyer. These brokers played a crucial role in negotiating and finalizing the deal, ensuring a successful transaction for both parties involved.