Arden Group International Acquires 8-Unit Multifamily With Retail In Lower East Side

Located at 286 Broome Street in New York City, this multi-family property boasts a total of 8 residential units and a retail space. The sale was made by Kt Cheung and Tim Chang to Jeremy Conway of Arden Group International, with a sale price of $2,550,000. The property spans across a total area of 10,000 square feet, with an average price per unit of $318,750 and a price per square foot of $255.

Summary of Transaction Details

• Property Type: MultiFamily
• Transaction Amount: $2,550,000
• Address: 286 Broome Street, New York City
• Market: New York City
• Units: 8
• Price per Unit: $318,750
• Square Footage: 10,000
• Price per Square Foot: $255

Arden Group International, represented by Jeremy Conway, acquired this property located in the prime lower east side. The buyer is actively seeking further investment opportunities and is willing to close deals quickly and with all-cash transactions. Jeremy Conway can be contacted at 917-751-3410 or [email protected] for any potential deals.