Douglas Elliman Acquires Multifamily Property In Lenox Hill For $5.85M
305 East 78th Street
MultiFamily
9,884 SF
9,884 SF
Sold 1 year ago
Summary
The recently closed transaction in Lenox Hill involved the sale of a multifamily property located at 305 East 78th Street. The property, totaling 9,884 square feet, was sold for a price of $5,850,000. With a price per square foot of $591, this transaction represents a significant investment in the Lenox Hill market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,850,000
- Address: 305 East 78th Street
- Market: Lenox Hill
- Zoning: R8B
Steffen Kral from Douglas Elliman represented the buyer in this transaction, while Wolf Jakubowski from Brown Harris Stevens represented the seller. Both brokers played crucial roles in ensuring a successful deal.
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305 East 78th Street
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