Alex Kim Acquires 10-Unit Multifamily Building At 307 West 71st Street In Lincoln Square, Manhattan For $8M

Alex Kim, via SJ Marketing And Management LLC, completed an $8 million buyout of partners for a 10-unit residential walkup building at 307 West 71st Street in Lincoln Square, Manhattan. The multifamily property consists of 10 units with a purchase price per unit (PPU) of $800,000. The building has a total square footage of 6,536 and a price per square foot (PPSF) of $1,224. The rentable square footage (RSF) is 4,960, resulting in a price per rentable square foot (PPRSF) of $1,613.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,000,000
• Address: 307 West 71st Street
• Market: Lincoln Square, Manhattan

Alex Kim, representing SJ Marketing And Management LLC, successfully acquired the 10-unit residential walkup building at 307 West 71st Street. This transaction marks an $8 million buyout of partners for the property. The deal highlights Alex Kim's involvement and expertise in real estate investments.