Movcap Acquires Multifamily Asset On Upper West Side For $5.25M

The multifamily property located at 211 West 85th Street in the Upper West Side has been sold for a total price of $5,250,000. The property consists of 13 units, with an average price per unit of $403,846. The total square footage of the property is 13,015, with an average price per square foot of $403.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $5,250,000
• Units: 13
• Price Per Unit: $403,846
• Square Footage: 13,015
• Price Per Square Foot: $403

The buyer of the property is Lawrence Movtady from Movcap. The sale was facilitated by brokers Hall Oster, Paul Smadbeck, Conrad Martin, Braedon Gait, and Teddy Galligan from JLL. The seller's counsel in the transaction was Bryan P. McCrossen from Jaspan Schlesinger Narendran LLP.