SOLD
Mangan Family Acquires 11-Unit Multifamily In New York City For $4.75M
332 East 74th Street
MultiFamily
9,440 SF
9,440 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
9,440 sqft
The Mangan Family has acquired a multifamily property located at 332 East 74th Street in New York City. The property was sold by the Hupert Family in a transaction facilitated by Thomas Gammino and Patrick Donahue of B6 Real Estate Advisors. The sale, which closed on April 20, 2023, had a purchase price of $4,750,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,750,000
- Address: 332 East 74th Street, New York City
- Market: New York City
The multifamily property consists of 11 units with an average price per unit of $431,818. The total square footage of the property is 9,440, resulting in a price per square foot of $503. The cap rate for this transaction is 4.4%.
Thomas Gammino and Patrick Donahue, representing B6 Real Estate Advisors, served as the brokers for the deal. Their expertise and negotiation skills played a crucial role in the successful completion of the transaction.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Thomas Gammino & Patrick Donahue
DATE: 04/20/2023
ADDRESS: 332 East 74th Street
MARKET: New York City
ASSET TYPE: Multifamily
BUYER: Mangan Family
SELLER: Hupert Family
BROKERS: Thomas Gammino & Patrick Donahue - B6 Real Estate Advisors (@B6RealEstate)
SALE PRICE: $4,750,000
UNITS: 11 ~ PPU: $431,818
SF: 9,440 ~ PPSF: $503
CAP: 4.4%View on map
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Address332 East 74th Street
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