Venture Capital Properties Acquires Multifamily Building In Meatpacking For $2.15M

The multifamily property at 362-364 West 15th Street in the Meatpacking district was sold for a price of $2,150,000. The property spans 7,552 square feet, resulting in a price per square foot of $285. The transaction took place on December 28, 2023.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $2,150,000
• Address: 362-364 West 15th Street
• Market: Meatpacking
• Square Footage: 7,552
• Price per Square Foot: $285

The seller of the property was MEPA Realty, while the buyer was represented by Joshua Malekan from Venture Capital Properties. The deal was facilitated by brokers Brock Emmetsberger and Jameson Hill from Matthews Real Estate Investment Services and Paul Massey from B6 Real Estate Advisors.