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Asaf Dror Acquires Multifamily Property At 324 West 87th Street In Upper West Side For $2.69M

Property Image
SOLD
$2,690,000
Tyler Signora
Eric Roth
+ 1

New York

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MultiFamily5,040 SF
Sold 07/30/2020
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Property Image
SOLD

Asaf Dror Acquires Multifamily Property At 324 West 87th Street In Upper West Side For $2.69M

324 West 87th Street, Manhattan, New York, NY, USA

See Similar Deals
MultiFamily5,040 SF
Sold 07/30/2020
Tyler Signora
Eric Roth
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$533
Total Square Footage:5,040 SF
Transaction Type:Sale

The multifamily property located at 324 West 87th Street on the Upper West Side has been sold for a total of $2,690,000. The transaction took place on July 30, 2021. The property consists of 8 units, with a price per unit of $336,250. It spans a total of 5,040 square feet, with a price per square foot of $533. The seller was Howard Greenberg, while the buyer was Asaf Dror. The seller's representatives were Eric Roth, Tyler Signora, and Harry James from Team Shapiro Building Sales and CushWake.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,690,000
  • Address: 324 West 87th Street
  • Market: Upper West Side
  • Units: 8
  • Price per Unit: $336,250
  • Square Footage: 5,040
  • Price per Square Foot: $533

It is worth noting that the property was delivered mostly vacant and was subject to an affordable program that required 35% of the building to be rented at affordable rates.

Players

Eric Roth
61 deals$1.5B volume(212) 655-0625
BROKER

Tyler Signora
Newmark
37 deals$852.2M volume(212) 372-0759
BROKER

Tyler Signora
Newmark
37 deals$852.2M volume(212) 372-0759
BROKER

Harry James
Newmark
24 deals$315.3M volume
BROKER

Cushman & Wakefield
BROKERAGE

Details

SOLD
IMAGE: Eric Roth, Tyler Signora & Harry James DATE: 07/30/2021 ADDRESS: 324 West 87th Street MARKET: Upper West Side ASSET TYPE: Multifamily BUYER: Asaf Dror SELLER: Howard Greenberg SELLER’S REP: Eric Roth (@EricMRoth), Tyler Signora (@Tyler_Signora) & Harry James (@HBeldonJ2) @TeamShapiroBuildingSales @CushWake SALE PRICE: $2,690,000 UNITS: 8 ~ PPU: $336,250 SF: 5,040 ~ PPSF: $533 NOTE FROM @TeamShapiroBuildingSales: The property was delivered mostly vacant & was subject to an affordable program which required 35% of the building to be rented at affordable rates.

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