Rebus Realty Sells Multifamily Property In West Village For $8.75M

The property involved in this closed transaction is a multifamily asset located at 198 W. 10th St. in the West Village market. The sale of the property was facilitated by Rebus Realty, with the transaction handled by brokers David Shalom and Brandon Polakoff from Avison Young. The property consists of 8 units, with a sale price of $8,750,000. The price per unit stands at $1,093,750, and the total square footage is 5,306, resulting in a price per square foot of $1,649.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,750,000
• Address: 198 W. 10th St.
• Market: West Village
• Units: 8
• Price Per Unit: $1,093,750
• Total Square Footage: 5,306
• Price Per Square Foot: $1,649

David Shalom and Brandon Polakoff from Avison Young successfully carried out the transaction on behalf of Rebus Realty. Notably, this is the third time that their team has sold this particular property since 2010. It’s worth mentioning that their team currently has more than 40 opportunities available across various asset classes. For more information, interested parties can contact David Shalom at [email protected] or by calling 718-581-4629.