Mitchell B. Modell Acquires Multifamily Property On Broome St For $22.5M

The multifamily property located at 249 Broome St in the Lower East Side has been sold for $22,500,000. The property spans over 19,058 square feet with a price per square foot of $1,180.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $22,500,000
• Address: 249 Broome St
• Market: Lower East Side
• Square Footage: 19,058
• Price per Square Foot: $1,180

Mitchell B. Modell, the buyer, finalized the transaction. Mitchell B. Modell is the owner of Modells and was represented by their broker, Modell's REP. The seller of the property was Mark Silver.