Sabet Group Acquires Multifamily Asset From Kushner Companies In Kips Bay For $12M

The asset involved in this transaction is a multifamily property located at 234, 236 & 238 East 33rd Street in Kips Bay, Manhattan. The property was sold for $12,000,000, encompassing a total area of 28,957 square feet, equating to a price per square foot of $414.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,000,000
• Address: 234, 236 & 238 East 33rd Street
• Market: Kips Bay, Manhattan
• Square Footage: 28,957
• Price Per Square Foot: $414
• Buyer: Sabet Group
• Seller: Kushner Companies
• Brokers: Aaron Jungreis, Ben Khakshoor & Alex Fuchs - Rosewood Realty Group

This transaction highlights the involvement of Sabet Group as the buyer and Kushner Companies as the seller. The brokerage team representing the deal consists of Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group, facilitating this multifamily property sale.