Lawrence Movtady Acquires Multifamily Property In Morningside Heights For $7.5M

The multifamily property located at 170-172 W. 109th St. in Morningside Heights has been sold in a closed transaction. The property consists of 30 units with a price per unit of $250,000. It spans across 21,250 square feet with a price per square foot of $352. The sale price for this transaction was $7,500,000, making it a valuable investment opportunity.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,500,000
• Units: 30
• Price per Unit: $250,000
• Square Footage: 21,250
• Price per Square Foot: $352
• Address: 170-172 W. 109th St.
• Market: Morningside Heights

The buyer of this property is Lawrence Movtady, representing Movcap. Movcap specializes in acquiring value-add multifamily and mixed-use properties. Lawrence can be contacted at [email protected] for additional acquisition opportunities.