Stone Street Properties Sells Multifamily Property In Flatiron District For $25.9M

A multifamily property located at 16 East 18th Street in the Flatiron District has been sold for $25,900,000. The property consists of 8 units with a total square footage of 20,258. The sale price per unit is $3,237,500, and the price per square foot is $1,278.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $25,900,000
• Address: 16 East 18th Street
• Market: Flatiron District
• Buyer: Lender Revere Capital - Brigitte Harley
• Seller: Stone Street Properties
• Units: 8
• Price Per Unit: $3,237,500
• Square Footage: 20,258
• Price Per Square Foot: $1,278

The buyer's representative in the transaction is Lender Revere Capital - Brigitte Harley. The seller is Stone Street Properties.