Andrew Doppelt, Derek Greenbaum & Larry Zombek Acquire Multifamily Property In New York City

A multifamily property located at 314 W 101st St was recently sold for $3.1M. The property has a total square footage of 5,750 and a price per square foot of $539. The transaction took place on April 18, 2019, with a 5% capitalization rate.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3.1M
• Address: 314 W 101st St
• Square Footage: 5,750
• Buyer: Andrew Doppelt, Derek Greenbaum & Larry Zombek
• Seller: Estate of Nancy Rosenthal
• Broker: Rami Polinsky - RPRE

Rami Polinsky of RPRE represented the buyer in this transaction. The seller in this deal was the Estate of Nancy Rosenthal. The buyer group consisted of Andrew Doppelt, Derek Greenbaum, and Larry Zombek. The capitalization rate of the property was 5%.