The multifamily property located at 340 E 58th Street in the Upper East Side has been sold for $12,300,000. The building comprises 24,847 square feet and contains 32 units, resulting in a price per square foot of $495. Additionally, it is noted as a 60’ Elevator Multifamily Building.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,300,000
• Square Footage: 24,847
• Price Per Square Foot: $495
• Units: 32
• Seller: Schaffer Family
• Buyer: Steve Croman – 9300 Realty
• Broker: Kevin Esh & Ivan Hakimian at HPNY

Steve Croman of 9300 Realty acted as the buyer in this transaction. The deal involved brokerage representation from Kevin Esh and Ivan Hakimian at HPNY, ensuring the transaction was facilitated smoothly between the seller and buyer.