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Maurice Kohan Buys Multifamily Portfolio In Harlem For $5.65M

Property Image
SOLD
$5,650,000
Seth Glasser
Michael (Mike) Fusco
+ 1

New York

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MultiFamily130,662 SF
Sold 03/29/2024
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Property Image
SOLD

Maurice Kohan Buys Multifamily Portfolio In Harlem For $5.65M

204 West 111th Street, 208 West 111th Street & 240 West 111th Street

See Similar Deals
MultiFamily130,662 SF
Sold 03/29/2024
Seth Glasser
Michael (Mike) Fusco
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$43
Total Square Footage:130,662 SF
Transaction Type:Sale

The multifamily portfolio located at 204, 208, and 240 West 111th Street in Harlem, Manhattan, was recently sold for $5,650,000. The property comprises a total of 56 units with a price per unit of $100,893. Spanning 43,554 square feet, the portfolio sold for $130 per square foot.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,650,000
  • Units: 56
  • Price Per Unit: $100,893
  • Square Footage: 43,554
  • Price Per Square Foot: $130
  • Address: 204, 208 & 240 West 111th Street Portfolio, Harlem, Manhattan

Maurice Kohan acquired the property from Chris Pesce. The deal was facilitated by the team of brokers from Marcus & Millichap, including Seth Glasser, Shaun Riney, Benny Katz, and Michael Fusco.

Players

Michael (Mike) Fusco
88 deals$576.1M volume(973) 865-6303
BROKER

Seth Glasser
Marcus & Millichap
125 deals$1.1B volume
BROKER

Shaun Riney
Marcus & Millichap
355 deals$1.8B volume(718) 475-4369
BROKER

Benny Katz
Marcus & Millichap
34 deals$232.9M volume
BROKER

Details

SOLD
IMAGE: Michael Fusco, Seth Glasser, Shaun Riney & Benny Katz DATE: 03/29/2024 ADDRESS: 204, 208 & 240 West 111th Street Portfolio MARKET: Harlem, Manhattan ASSET TYPE: Multifamily BUYER: Maurice Kohan SELLER: Chris Pesce BROKERS: Seth Glasser (@SethGlasser1), Shaun Riney (@ShaunRiney1), Benny Katz (@Bbbennis_2k) & Michael Fusco (@Mike_Fusco_NYM) - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $5,650,000 UNITS: 56 ~ PPU: $100,893 SF: 43,554 ~ PPSF: $130

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