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234 East 7th Street
SOLD

Highcap Group Sells Multifamily Asset In East Village For $5.615M

234 East 7th Street

MultiFamily
6,500 SF
clock iconSold 43 days ago
Ty Gallishaw
Christen Portelli
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Summary

Sale
NEW YORK
MultiFamily
6,500 sqft

The property located at 234 East 7th Street in the East Village, Manhattan, was recently sold for $5,615,000. The five-story walk-up multifamily building spans 6,500 square feet and consists of 20 units, with a price per unit of $280,750 and a price per square foot of $864. The seller of the property was William Robles.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,615,000
  • Units: 20
  • Price Per Unit: $280,750
  • Square Footage: 6,500
  • Price Per Square Foot: $864
  • Address: 234 East 7th Street
  • Market: East Village, Manhattan

Christen Portelli and Ty Gallishaw from Highcap Group represented the seller, William Robles, in this transaction. This sale marked the first change of ownership for the property since the 1980s. The building features a mix of FM and RS units, making it a unique investment opportunity in the vibrant East Village market.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Ty Gallishaw's profile picture
Ty Gallishaw
Highcap Group-image
Investment Sale Associate
$8.2M Sold

Details

Deal Summary
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SOLD
IMAGE: Christen Portelli & Ty Gallishaw DATE: 05/30/2024 ADDRESS: 234 East 7th Street MARKET: East Village, Manhattan ASSET TYPE: Multifamily SELLER: William Robles BROKERS: Christen Portelli & Ty Gallishaw (@TGallishaw) - Highcap Group - (@Highcap_Group ) SALE PRICE: $5,615,000 UNITS: 20 ~ PPU: $280,750 SF: 6,500 ~ PPSF: $864 NOTE FROM BROKER: First sale since 1980's; Five story walk up building with a mix of FM and RS units.

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Address234 East 7th Street

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