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

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SOLD
$6,900,000

New York

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MultiFamily17,000 SF
Sold 06/29/2023
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SOLD

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

234 E 88th St New York, NY 10128, USA

See Similar Deals
MultiFamily17,000 SF
Sold 06/29/2023
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$405
Total Square Footage:17,000 SF
Transaction Type:Sale

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.

Players

Bart Zimmermann
6 deals$20.4M volume(718) 943-7007
BROKER

Marcel Fridman
Barcel Group
141 deals$451.5M volume
BROKER

BUYER

Details

SOLD
IMAGE: Marcel Fridman & Bart Zimmermann DATE: 06/29/2023 ADDRESS: 234-236 East 88th Street MARKET: Upper East Side ASSET TYPE: Multifamily BUYER: ABJ Properties (@ABJ_Properties) BROKERS: Marcel Fridman (@MF_1629) & Bart Zimmermann - Barcel Group (@BarcelGroups) SALE PRICE: $6,900,000 UNITS: 34 ~ PPU: $202,941 SF: 17,000 ~ PPSF: $406

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