Peter Ting Acquires Multifamily Property In Turtle Bay, Manhattan For $3.4M

The multifamily property located at 216 East 50th St in Turtle Bay, Manhattan has been sold. The property spans 3,303 square feet and was sold for a total price of $3,400,000, resulting in a price per square foot of $1,029. The transaction took place on May 23, 2019.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,400,000
• Square Footage: 3,303
• Price Per Square Foot: $1,029
• Address: 216 East 50th St, Turtle Bay, Manhattan
• Market: Turtle Bay, Manhattan

In this transaction, the seller of the property was Frances Cousins, while the buyer was Peter Ting. Representing the deal were brokers Derek Bestreich, Hakeem Lecky, Adam Lobel, and Ethan Frank from the agency @BRG_CRE.