ABJ Properties Acquires Multifamily Property On Upper East Side For $6.9M

ABJ Properties has acquired a multifamily property located at 234-236 East 88th Street in the Upper East Side market. The property consists of 34 units with a total square footage of 17,000. The sale price for this transaction was $6,900,000, resulting in a price per unit of $202,941 and a price per square foot of $406.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,900,000
• Address: 234-236 East 88th Street
• Market: Upper East Side
• Buyer: ABJ Properties
• Brokers: Marcel Fridman & Bart Zimmermann - Barcel Group
• Units: 34
• Price per unit: $202,941
• Total Square Footage: 17,000
• Price per square foot: $406

The transaction was facilitated by the brokers Marcel Fridman and Bart Zimmermann from the Barcel Group. They represented ABJ Properties in the deal, ensuring a successful acquisition of the property.