LockHill Properties Acquires Multifamily In New York City For $10.8M

The multifamily property located at 175-177 East 3rd Street in New York City has been sold for a total price of $10,800,000. The property consists of 20 units, with a per unit price of $540,000. The total square footage of the property is 13,461, resulting in a price per square foot of $802.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,800,000
• Address: 175-177 East 3rd Street, New York City
• Market: New York City
• Buyer: LockHill Properties
• Brokers: Hall Oster, Teddy Galligan & Guthrie Garvin - JLL

The deal was facilitated by Hall Oster, Teddy Galligan, and Guthrie Garvin from JLL. They represented LockHill Properties in the transaction. They played a crucial role in ensuring a successful completion of the deal.