Douglas Peterson Acquires Multifamily Property In East Village For $7.5M

The multifamily property located at 233 East 3rd Street in East Village has been sold in a transaction that took place on June 14, 2021. The property spans 17,750 square feet and was sold for a total price of $7,500,000, resulting in a price per square foot of $422.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,500,000
• Address: 233 East 3rd Street
• Market: East Village

The buyer of the property is Douglas Peterson, while the seller is Winston Barrow. The sale was made possible with a loan amount of $5,525,000 provided by ConnectOne Bank.