Lightstone Group Acquires Multifamily Property On Upper West Side For $37M

A multifamily property located at 305-319 West 99th Street in the Upper West Side has been sold for $37,000,000. The property spans across 95,950 square feet with a price per square foot of $385. It consists of 80 units, making the price per unit $462,500. The buyer of this transaction is the Lightstone Group, represented by David Lichtenstein, Mitchell Hochberg, and Jonathan Fhima. The seller is Sofia Einy.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $37,000,000
• Address: 305-319 West 99th Street, Upper West Side
• Square Footage: 95,950
• Price per Square Foot: $385
• Number of Units: 80
• Price per Unit: $462,500
• Buyer: Lightstone Group – David Lichtenstein, Mitchell Hochberg & Jonathan Fhima
• Seller: Sofia Einy

The Lightstone Group, led by David Lichtenstein, Mitchell Hochberg, and Jonathan Fhima, successfully acquired the multifamily property located at 305-319 West 99th Street in the Upper West Side for a total of $37,000,000. This transaction involved a property spanning 95,950 square feet with 80 units. Sofia Einy acted as the seller in this deal.