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Fairstead Sells Multifamily Property In Manhattan For $86.75M With Buyer's Rep Steven Vegh & Seller's Rep Aaron Jungreis

Property Image
SOLD
$86,750,000
Alex Fuchs
Steven Vegh
Ben Khakshoor
+ 1

New York

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MultiFamily436,000 SF
Sold 06/02/2023
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Property Image
SOLD

Fairstead Sells Multifamily Property In Manhattan For $86.75M With Buyer's Rep Steven Vegh & Seller's Rep Aaron Jungreis

226 W 150th St New York, NY 10039, USA

See Similar Deals
MultiFamily436,000 SF
Sold 06/02/2023
Alex Fuchs
Steven Vegh
Ben Khakshoor
+ 1
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$199
Total Square Footage:436,000 SF
Transaction Type:Sale

Fairstead has sold a multifamily property located at 226 West 150th Street in Manhattan. The property consists of 537 residential units and 10 retail units, with a total of 547 units. The sale price for this transaction was $86,750,000, resulting in a price per unit (PPU) of $158,592. The property spans across 436,000 square feet, giving a price per square foot (PPSF) of $199.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $86,750,000
  • Units: 547
  • PPU: $158,592
  • SF: 436,000
  • PPSF: $199

The sale of this property was facilitated by the following brokers: Steven Vegh from Westwood Realty Associates, and Aaron Jungreis, Alex Fuchs, and Ben Khakshoor from Rosewood Realty Group.

Players

Aaron Jungreis
Rosewood Realty Group
Aaron Jungreis
202 deals$4.3B volume(212) 359-9900
BROKER
Ben Khakshoor
Rosewood Realty Group
Ben Khakshoor
132 deals$1.9B volume(212) 359-9913
BROKER
Steven Vegh
Westwood Realty Associates
Steven Vegh
68 deals$2.5B volume(917) 715-8259
BROKER
Alex Fuchs
Rosewood Realty Group
Alex Fuchs
100 deals$1.9B volume
BROKER
Fairstead
Fairstead
SELLER

Details

SOLD
IMAGE: Steven Vegh, Aaron Jungreis, Ben Khakshoor & Alex Fuchs DATE: 06/02/2023 ADDRESS: 226 West 150th Street MARKET: Manhattan ASSET TYPE: Multifamily (537 Residential Units & 10 Retail Units) SELLER: Fairstead (@Fairstead) BROKERS: Steven Vegh (@Stevenvegh) - Westwood Realty Assoc (@WestwoodRealtyAssoc); Aaron Jungreis (@AaronJungreis), Alex Fuchs & Ben Khakshoor (@BenKhak) - Rosewood Realty Group (@RosewoodRG) SALE PRICE: $86,750,000 UNITS: 547 ~ PPU: $158,592 SF: 436,000 ~ PPSF: $199

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