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315 East 58th Street
SOLD

Per Von Scheele Sells 10-Unit Multifamily Property In New York City For $3.7M With Brokers Will Conrad & Sanjana Reddy - Cushman & Wakefield

315 East 58th Street

MultiFamily
8,960 SF
clock iconSold 1 year ago
Will Conrad
Sanjana Reddy
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Summary

Sale
NEW YORK
MultiFamily
8,960 sqft

The 10-unit multifamily building located at 315 East 58th Street in New York City has been sold for a price of $3,700,000. The property spans 8,960 square feet, resulting in a price per square foot of $413. The sale was facilitated by brokers Will Conrad and Sanjana Reddy from Cushman & Wakefield. The seller, Per Von Scheele, can be pleased with the successful transaction of this 100% Rent Stabilized building. Additionally, the property presents tremendous future development potential with over 25,000 buildable square feet.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,700,000
  • Units: 10
  • Price per Unit: $370,000
  • Square Footage: 8,960
  • Price per Square Foot: $413
  • Address: 315 East 58th Street
  • Market: New York City

Cushman & Wakefield, represented by brokers Will Conrad and Sanjana Reddy, successfully facilitated the sale of this property. With their expertise, they ensured a smooth transaction for the buyer and seller. The potential for future development with over 25,000 buildable square feet adds further value to this property.

Players

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    3

  • Agents

    2

  • Agencies

    1

Will Conrad's profile picture
Will Conrad
Cushman & Wakefield-image
Director
$182.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Will Conrad & Sanjana Reddy DATE: 03/02/2023 ADDRESS: 315 East 58th Street MARKET: New York City ASSET TYPE: Multifamily SELLER: Per Von Scheele BROKERS: Will Conrad (@WtConrad) & Sanjana Reddy - Cushman & Wakefield (@CushWake) SALE PRICE: $3,700,000 UNITS: 10 ~ PPU: $370,000 SF: 8,960 ~ PPSF: $413 NOTE FROM BROKER: Cushman and Wakefield is pleased to have brokered the sale of this 100% Rent Stabilized building. This property has tremendous future development potential with over 25,000 buildable square feet. &Wakefield

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Address315 East 58th Street

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