The Sabet Group Acquires Multifamily Building In Gramercy Park For $3.1M

The multifamily property located at 329 East 17th Street in Gramercy Park, Manhattan has been sold for $3,100,000. The property consists of 6 units spanning 5,128 square feet, resulting in a price per unit of $516,667 and a price per square foot of $605.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,100,000
• Units: 6
• Price per Unit: $516,667
• Square Footage: 5,128
• Price per Square Foot: $605
• Address: 329 East 17th Street, Gramercy Park, Manhattan
• Buyer: The Sabet Group - Leor Sabet
• Seller: Beth Israel Medical Center
• Brokers: John Ciraulo, Craig Waggner, & Jack Stephen - Cushman & Wakefield

The transaction involved The Sabet Group, led by Leor Sabet, as the buyer, acquiring the property from the seller, Beth Israel Medical Center. The deal was facilitated by brokers John Ciraulo, Craig Waggner, and Jack Stephen from Cushman & Wakefield.