R New York Acquires $4.95M Multifamily In New York City

A multifamily property located at 29 Prospect Place in New York City has been sold for a total price of $4,950,000. The property consists of 2 units, with each unit having a price per unit (PPU) value of $2,475,000. The total square footage of the property is 3,309, resulting in a price per square foot (PPSF) of $1,496.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $4,950,000
• Units: 2
• PPU: $2,475,000
• Square Footage: 3,309
• PPSF: $1,496

The buyer in this transaction was represented by Stefani Berkin from R New York, while the seller was represented by Ari Harkov from Brown Harris Stevens.