Parke Leatherman & Jody Kriss Sell Multifamily Asset At 246 East 53rd Street For $15.2M

The multifamily asset located at 246 East 53rd Street in the Turtle Bay market has been sold for $15,200,000. The property has a total square footage of 12,915, resulting in a price per square foot of $1,176.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,200,000
• Address: 246 East 53rd Street
• Market: Turtle Bay
• Seller: Parke Leatherman & Jody Kriss - Lockhill Properties
• Broker: Michael Sherman - Baseline Real Estate Advisors
• Square Footage: 12,915
• Price per Square Foot: $1,176

The transaction involved key individuals including Parke Leatherman and Jody Kriss representing the seller, with Michael Sherman acting as the broker representing the deal through Baseline Real Estate Advisors.