The property asset involved in this transaction is an eight-unit multifamily building located at 313 West 92nd Street, situated in the Upper West Side market of Manhattan. The sale price was $2,500,000, and the property encompasses a total of 6,200 square feet, averaging $312,500 per unit and $403 per square foot. It also includes an additional 2,000 square feet of air rights and has charming layouts. The property had been under 85-year family ownership, with five of the eight units delivered vacant at the time of sale.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Units: 8
• Square Footage: 6,200
• Price Per Unit: $312,500
• Price Per Square Foot: $403
• Buyer: Put Duc Huang
• Seller: Goldberg Family
• Brokers: Ben Khakshoor & Mike Kerwin - Rosewood Realty Group

Ben Khakshoor and Mike Kerwin, representing Rosewood Realty Group, facilitated the transaction, indicating a successful closure of the sale for this multifamily property in a prime location. The lengthy ownership by the Goldberg Family brings a significant historical aspect to this deal, further enhancing its profile in the market.