Julian Kiguel Of REDA Holdings Purchases Multifamily Property From Terrence Lowenberg & Todd Cohen For $6.9M

The property at 242 East 75th Street, situated in the Upper East Side market, is a multifamily asset encompassing 7,895 square feet. The sale price for this property was $6,900,000, amounting to a price per square foot of $873.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,900,000
• Address: 242 East 75th Street
• Market: Upper East Side
• Square Footage: 7,895
• Price per Square Foot: $873
• Buyer: Julian Kiguel - REDA Holdings
• Sellers: Terrence Lowenberg & Todd Cohen
• Brokers: Brandon Polakoff, Ryan McGuirl, Eric Karmitz & Joseph Moran - Avison Young

This transaction involved key individuals including Julian Kiguel, representing the buyer, REDA Holdings. The sellers, Terrence Lowenberg and Todd Cohen, were also instrumental in the transaction, while the brokerage firm Avison Young, represented by Brandon Polakoff, Ryan McGuirl, Eric Karmitz, and Joseph Moran, facilitated the deal.