Shaban Sinanaj Acquires Multifamily Property In Midtown East For $9.05M

The multifamily property located at 216 East 49th Street in Midtown East, Manhattan was recently sold for $9,050,000. The property consists of 5 units with a total square footage of 17,645, resulting in a price per unit of $1,810,000 and a price per square foot of $513.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,050,000
• Units: 5
• Price Per Unit: $1,810,000
• Square Footage: 17,645
• Price Per Square Foot: $513
• Address: 216 East 49th Street
• Market: Midtown East, Manhattan

The sale of this property was facilitated by the team from Marcus & Millichap, including Peter Dodge, Joseph Koicim, Logan Markley, and Zan Colin. The buyer, Shaban Sinanaj, acquired the property from the seller, The Gurevich Family, in this significant transaction.