Viking Management Acquires Multifamily Asset From ABJ Properties For $5.75M In East Village

The transaction involved a multifamily property located at 32 Avenue A in the East Village, Manhattan. The sale price was $5,750,000 for a total of 4 units. The property has a total square footage of 4,708, resulting in a price per unit of $1,437,500 and a price per square foot of $1,221.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,750,000
• Units: 4
• Price per Unit: $1,437,500
• Square Footage: 4,708
• Price per Square Foot: $1,221
• Buyer: Viking Management
• Seller: ABJ Properties
• Buyer's Representative: Harry James - Newmark
• Seller's Representatives: Zan Colin, Joseph Koicim & Logan Markley - Marcus & Millichap

This transaction featured key players including Viking Management as the buyer and ABJ Properties as the seller. The deal was facilitated by Harry James representing the buyer through Newmark, while the seller was represented by a team consisting of Zan Colin, Joseph Koicim, and Logan Markley from Marcus & Millichap.