SOLD
B6 Real Estate Advisors Sells MultiFamily Property In New York City For $4.75M
314 West 51st Street
MultiFamily
7,355 SF
7,355 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
7,355 sqft
The multi-family property located at 314 West 51st Street in New York City has been sold for a price of $4,750,000. The property consists of 10 units with a price per unit of $475,000. It spans across 7,355 square feet, resulting in a price per square foot of $646. The property has a current in-place cap rate of 4.4%.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $4,750,000
- Units: 10
- Price Per Unit (PPU): $475,000
- Square Footage (SF): 7,355
- Price Per Square Foot (PPSF): $646
- Cap Rate: 4.4% (in-place)
The sale of the property was facilitated by B6 Real Estate Advisors, with Christoffer Brodhead, Thomas Gammino, Patrick Donahue, and Nikola Cosic representing the seller, Peter Alpi.
Players
All
7
Agents
4
Agencies
3
Details
SOLD
IMAGE: Christoffer Brodhead, Thomas Gammino, Patrick Donahue & Nikola Cosic
DATE: 04/05/2023
ADDRESS: 314 West 51st Street
MARKET: New York City
ASSET TYPE: MultiFamily
SELLER: Peter Alpi
BROKERS: Christoffer Brodhead (@BrodheadTeam_b6), Thomas Gammino, Patrick Donahue (@PatDonahue_) & Nikola Cosic (@Nikola.Cosic) - B6 Real Estate Advisors (@B6RealEstate)
SALE PRICE: $4,750,000
UNITS: 10 ~ PPU: $475,000
SF: 7,355 ~ PPSF: $646
CAP RATE: 4.4% (in-place)View on map
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Address314 West 51st Street
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