Allied Partners Sells Multifamily Property In Nolita For $11M

The multifamily property located at 247 Mulberry St in Nolita has been sold for a total price of $11,000,000. The property spans over 10,500 square feet, resulting in a price per square foot of $1,048. The transaction involved 19 units, with each unit being sold at an average price of $578,947.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $11,000,000
• Market: Nolita
• Address: 247 Mulberry St
• Seller: Allied Partners - Eric Hadar
• Buyer: Allied Realty - Danny Hakakian
• Brokers: Peter Von Der Ahe, Noah Kossoff and Joe Koicim

Peter Von Der Ahe, Noah Kossoff, and Joe Koicim were the brokers involved in facilitating the sale of the property. Allied Partners, represented by Eric Hadar, served as the seller, while Allied Realty, represented by Danny Hakakian, acted as the buyer in this transaction.