KSR Development Acquires 323 West 80th Street Multifamily Property For $7 Million

The property involved in this transaction is a multifamily asset located at 323 West 80th Street in the Upper West Side market. It was sold for $7,000,000, encompassing a total square footage of 11,670, translating to a price per square foot of $599.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,000,000
• Address: 323 West 80th Street
• Market: Upper West Side
• Square Feet: 11,670
• Price per Square Foot: $599
• Buyer: Ceasar Salama, Gregory Dweck, Morris Sabbagh & Abraham Kassin - KSR Development
• Seller: Bill Deseta
• Broker: Daniel Chun - Compass

KSR Development, represented by Ceasar Salama, Gregory Dweck, Morris Sabbagh, and Abraham Kassin, will transform the historic property into five unique residences. This marks their fifth project focused on significant condo conversions and highlights their commitment to boutique developments that celebrate architectural character and history.