Isaac Abraham And Rami Ben-Yehuda Acquire 10-Unit Multifamily At 223 East 21st Street For $3.154M

The property asset involved in the transaction is a multi-family building located at 223 East 21st Street in Gramercy Park, Manhattan. The sale price was $3,154,000 for a 10-unit walkup encompassing a total of 6,962 square feet. The price per unit was $315,400, and the price per square foot was $453.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $3,154,000
• Units: 10
• Square Footage: 6,962
• Price Per Unit: $315,400
• Price Per Square Foot: $453
• Buyer: Isaac Abraham & Rami Ben-Yehuda - Witnick Real Estate Partners
• Seller: Kazuku LLC

The deal was facilitated by Witnick Real Estate Partners, which represents Isaac Abraham and Rami Ben-Yehuda in this transaction. The property includes 1,742 square feet of air rights, enhancing its value and potential for future development.