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Eli Pavel Acquires Multifamily (SRO) Property In Murray Hill For $3.15M

Property Image
SOLD
$3,150,000

New York

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MultiFamily33,500 SF
Sold 02/12/2020
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Property Image
SOLD

Eli Pavel Acquires Multifamily (SRO) Property In Murray Hill For $3.15M

214 E 35th St, New York, NY 10016, USA

See Similar Deals
MultiFamily33,500 SF
Sold 02/12/2020
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$94
Total Square Footage:33,500 SF
Transaction Type:Sale

A multifamily property located at 214 East 35th Street in Murray Hill has been sold for $3,150,000. The property, which is classified as a Single Room Occupancy (SRO) type, spans across 3,350 square feet. It consists of 9 SRO units and one additional apartment. This equates to a price per square foot of $940. The transaction was completed at a unit price of $315,000.

Summary of transaction details

  • Property Type: Multifamily (SRO)
  • Transaction Amount: $3,150,000
  • Total Square Footage: 3,350
  • Price per Square Foot: $940
  • Number of Units: 9 SRO + 1 apartment
  • Unit Price: $315,000

The seller of the property was William Tseng, while the buyer was Eli Pavel. The deal was facilitated by Alex Tseng from Jet New York, who represented both the buyer and the seller in the transaction. The property was delivered vacant, with a Certificate of No Harassment (CONH) in place.

Players

Alex Tseng
NAI Global
Alex Tseng
2 deals$31.5M volume
BROKER

Details

SOLD
IMAGE: Alex Tseng DATE: 02/12/2020 ADDRESS: 214 East 35th Street MARKET: Murray Hill ASSET TYPE: Multifamily (SRO) SALE PRICE: $3,150,000 SF: 3,350 PPSF: $940 UNITS: 9 SRO + 1 apartment PPU: $315,000 SELLER: William Tseng BUYER: Eli Pavel BROKER: Alex Tseng @_alextseng @jetnewyork NOTE: Delivered vacant with CONH

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