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Pouya Toobian Acquires Multifamily Buildings In Murray Hill, Manhattan For $6.8M

Property Image
SOLD
$6,800,000

New York

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MultiFamily38,064 SF
Sold 12/18/2023
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Property Image
SOLD

Pouya Toobian Acquires Multifamily Buildings In Murray Hill, Manhattan For $6.8M

235 East 39th Street, 239 East 39th Street & 241 East 39th Street

See Similar Deals
MultiFamily38,064 SF
Sold 12/18/2023

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$178
Total Square Footage:38,064 SF
Transaction Type:Sale

The entity 235-239-241 39th St LLC has completed the acquisition of three eight-unit residential walkup buildings in Murray Hill, Manhattan, at 235, 239, and 241 East 39th Street, for a total of $6.8 million. The properties have a total square footage of 12,688 with a price per square foot of $532. The sale price equated to $128 per buildable square foot.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,750,000
  • Buyer: Pouya Toobian
  • Seller: Cynthia Miltenberg, Howard Balaban, Sam I. Elias, Andrew T. Miltenberg & Ira S. Nesenoff
  • Address: 235 East 39th Street, 239 East 39th Street & 241 East 39th Street
  • Market: Murray Hill, Manhattan

Pouya Toobian served as the buyer in this transaction, while Cynthia Miltenberg, Howard Balaban, Sam I. Elias, Andrew T. Miltenberg & Ira S. Nesenoff acted as the sellers in the sale of the three residential walkup buildings. The acquisition was successfully completed on December 18, 2023.

Details

SOLD
IMAGE: 12/18/2023 ADDRESS: 235 East 39th Street, 239 East 39th Street & 241 East 39th Street MARKET: Murray Hill, Manhattan ASSET TYPE: Multifamily BUYER: Pouya Toobian SELLER: Cynthia Miltenberg, Howard Balaban, Sam I. Elias, Andrew T. Miltenberg & Ira S. Nesenoff SALE PRICE: $6,750,000 BSF: 52,860 ~ PPBSF: $128 SF: 12,688 ~ PPSF: $532 NOTE: The entity 235-239-241 39th St LLC has completed the acquisition of three eight-unit residential walkup buildings in Murray Hill, Manhattan, at 235, 239, and 241 East 39th Street, for a total of $6.8 million.

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