SOLD
Evan Bell Purchases Multifamily Asset In Alphabet City For $14M
332 East 4th Street
MultiFamily
4,651 SF
4,651 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
4,651 sqft
The multifamily property located at 332 E 4th Street in Alphabet City, East Village, Manhattan has been sold for $14 million. The property spans an area of 17,478 square feet with a price per square foot of $801. It consists of 30 units, including 28 residential units and 2 commercial spaces. The buyer of this property is Evan Bell, while the seller is Sant Batmaz. The deal was facilitated by brokers John J Stewart and Dylan Torey of Marcus & Millichap NY.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $14 million
- Price per Square Foot: $801
- Units: 30 (Residential: 28, Commercial: 2)
The units within the property consist of twenty-three 2-bedroom apartments and five 3-bedroom apartments, all of which are 100% rent stabilized. Additionally, the commercial spaces and 4 residential units were delivered vacant at the time of the sale.
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Details
SOLD
IMAGE: 01/09/2019
ADDRESS: 332 E 4th Street
MARKET: Alphabet City, East Village, Manhattan
ASSET TYPE: Multifamily
PRICE: $14M / SF: 17,478 / PPSF: $801
UNITS: 30 (Resi 28, Comm 2)
BUYER: Evan Bell
SELLER: Sant Batmaz
BROKERS: John J Stewart & Dylan Torey 💪@marcusmillichap_ny
NOTE: Units are comprised of twenty-three 2Br’s and five 3Br’s which are 100% Rent Stabilized. The commercial spaces & 4 resi units were delivered vacant.View on map
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Address332 East 4th Street
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