Highpoint Property Group Acquires Chelsea Multifamily From Estate Of James Sobrino For $4.575M

A multifamily property located at 231 West 20th Street in Chelsea has been sold. The property, consisting of 10 units, was sold by the Estate of James Sobrino to Highpoint Property Group, represented by Drew Popkin. The transaction took place on 07/02/2020.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,575,000
• Square Footage: 3,141
• Price per Square Foot: $1,4656
• Building Square Footage: 7,852
• Price per Building Square Foot: $582
• Number of Units: 10
• Price per Unit: $457,500

The buyer, Highpoint Property Group, was represented by Drew Popkin. The seller in this transaction was the Estate of James Sobrino. The property is located in the Chelsea market.