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

Property Image
SOLD
$4,575,000

New York

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MultiFamily3,141 SF
Sold 07/02/2020
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Property Image
SOLD

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

231 W 20th St, New York, NY 10011, USA

See Similar Deals
MultiFamily3,141 SF
Sold 07/02/2020
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,456
Total Square Footage:3,141 SF
Transaction Type:Sale

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.

Players

DP
Drew Popkin
11 deals$78.1M volume
BUYER

Details

SOLD
IMAGE: IMAGE: Drew Popkin DATE: 07/02/2020 ADDRESS: 231 West 20th Street MARKET: Chelsea ASSET TYPE: Multifamily BUYER: Highpoint Property Group – Drew Popkin SELLER: Estate of James Sobrino PRICE: $4,575,000 SF: 3,141 ~ PPSF: $1,4656 BSF: 7,852~ PPBSF: $582 UNITS: 10 PPU: $457,500

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