Lee Family Acquires Multifamily Property On Dean Street In New York City For $3.45M

A multifamily property located at 278 Dean Street in New York City has been sold for a total price of $3,450,000. The property consists of 8 units, with a per unit price of $431,250. The total square footage of the property is 8,150, resulting in a price per square foot of $423. The transaction took place on 07/06/2023.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,450,000
• Address: 278 Dean Street
• Market: New York City
• Units: 8
• Price per Unit: $431,250
• Square Footage: 8,150
• Price per Square Foot: $423

The property was sold by Delshah Capital to the Lee Family. The transaction was facilitated by brokers Erik Yankelovich, Yosef Katz, Shlomo Antebi from Atlas Realty Group and Alex Leykind from Equitas. The hard work and assistance provided by Alex Leykind and his team in securing financing for the deal are greatly appreciated.