Josef Chehebar, Gabriel Shehebar & Aziz Syed Acquire MultiFamily Property On West 21st Street In New York City For $5.6M

The property at 200 West 21st Street in New York City has been sold for a total of $5,600,000. This multifamily asset consists of 15 units, with an average price per unit of $373,333. The building spans across 7,488 square feet, resulting in a price per square foot of $748.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $5,600,000
• Address: 200 West 21st Street
• Market: New York City
• Units: 15
• Price per Unit: $373,333
• Square Footage: 7,488
• Price per Square Foot: $748

The buyer of the property is Josef Chehebar, Gabriel Shehebar & Aziz Syed, while the seller is Betty Birnant. The deal was facilitated by the Avison Young broker team, consisting of Brandon Polakoff, David Shalom, and Alexandra Marolda.

It is worth noting that the corner building offers three retail spaces and 12 apartments, out of which 10 are RS units. The buyer swiftly sealed the deal by signing a contract and closing on the same day. Additionally, Avison Young currently has 50 exclusive listings available in the market, providing further opportunities for interested parties.

For more information on this transaction or any other listings, please reach out to the Avison Young team.