Foreign Buyer Acquires Multifamily Asset On Park Avenue South In Gramercy Park For $10,513,400

The multifamily property located at 213 Park Avenue South in Gramercy Park, Manhattan, was sold for $10,513,400. The building spans 10,580 square feet, resulting in a price per square foot of $994.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,513,400
• Address: 213 Park Avenue South
• Market: Gramercy Park, Manhattan

The property was acquired by a foreign buyer, as facilitated by Brandon Polakoff and Noah Kossoff from Avison Young, representing the buyer. On the selling side, Brett Siegel from Newmark acted as the seller's representative in the transaction.