Kushner Companies Sells East Village Multifamily Asset For $7.62M With Marcus & Millichap Brokers

The multifamily property located at 318 East 11th Street in the East Village has a sale price of $7,618,000. The asset comprises 17 units spread across a total square footage of 10,710, resulting in a price per unit of $448,117 and a price per square foot of $711.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,618,000
• Units: 17
• Square Feet: 10,710
• Price Per Unit: $448,117
• Price Per Square Foot: $711
• Market: East Village
• Seller: Kushner Companies
• Broker Representatives: Joseph Koicim, Logan Markley, and Matt Berger - Marcus & Millichap

The New York Multifamily group has completed over $190,000,000 in sales across 24 buildings in the past 18 months. They are actively selling several similar opportunities throughout New York City, with price ranges from $5M to $100M. For inquiries and complimentary analysis, interested parties can contact Joe Koicim at 212-430-5147 or via email at [email protected].