Waterfall Asset Management Acquires Multifamily Property In Carnegie Hill For $145M

The multifamily property located at 1760 Third Avenue in Carnegie Hill, Manhattan has been sold in a closed transaction. The sale was facilitated by Waterfall Asset Management, represented by Tom Capasse and Jack Ross as the buyer. The property was sold by HSBC Bank.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $145,000,000
• Square Footage: 247,615
• Price Per Square Foot: $585
• Market: Carnegie Hill, Manhattan
• Buyer: Waterfall Asset Management - Tom Capasse & Jack Ross
• Seller: HSBC Bank

The buyers, Tom Capasse and Jack Ross, represented Waterfall Asset Management in this transaction. The sale of the multifamily property in Carnegie Hill marks a significant deal in the Manhattan real estate market.