TS 351W51 LLC Acquires Multifamily Building In Hell's Kitchen For $3M

The multifamily property located at 351 W. 51st St. in Hell's Kitchen, was recently sold in a closed transaction. The property consists of 10 units with a total square footage of 12,088. It was purchased by TS 351W51 LLC, represented by Doran Golebtehill, for a price of $3,000,000. The price per unit is $300,000, with a price per square foot of $248. The market value of each unit is $742.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Buyer: TS 351W51 LLC - Doran Golebtehill
• Seller: Dawn Pohl
• Address: 351 W. 51st St.
• Market: Hell's Kitchen
• BSF: 12,088
• PPBSF: $248
• SF: 4,042
• PPSF: $742
• Units: 10
• PPU: $300,000

Dawn Pohl served as the seller in this transaction. TS 351W51 LLC was represented by Doran Golebtehill as their broker. The sale of this property represents a significant investment opportunity in the Hell's Kitchen market.