Go Partners Acquires 265 East 66th Street Multifamily In Upper East Side For $425M

The property asset involved in this transaction is located at 265 East 66th Street in the Upper East Side market. It is classified as a multifamily asset comprising both a parking garage and retail spaces. The property was sold for $425,000,000, features a total of 312 units, with a price per unit of $1,362,179. The total square footage of the asset is 500,000, translating to a price per square foot of $850.

Summary of transaction details:

• Property Type: Multifamily (Parking Garage & Retail)
• Transaction Amount: $425,000,000
• Address: 265 East 66th Street
• Market: Upper East Side
• Units: 312
• Price per Unit: $1,362,179
• Square Footage: 500,000
• Price per Square Foot: $850
• Buyer: Go Partners
• Buyer Representatives: Meyer Orbach & Josh Gotlib
• Seller: SOLOW Residential
• Seller's Representative: David E. Ash - Walker & Dunlop

The key individuals involved in this deal are Meyer Orbach and Josh Gotlib, representing Go Partners as the buyers. David E. Ash served as the representative for the buyer through Walker & Dunlop, facilitating the transaction on behalf of Go Partners. The seller of the property was SOLOW Residential, further highlighting the notable parties engaged in this significant transaction.