The asset involved in this transaction is a multifamily property located at 38 Gramercy Park North, situated in the Manhattan market. The property features a sale price of $47,000,000, comprising a total of 34 units. It has a square footage of 21,339, resulting in a price per square foot of $2,202. The building's total square footage is 42,887, giving a price per building square foot of $1,095.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $47,000,000
• Units: 34
• Price Per Unit: $1,382,352
• Square Footage: 21,339
• Price Per Square Foot: $2,202
• Total Building Square Footage: 42,887
• Price Per Building Square Foot: $1,095
• Buyer: Legion Investment Group
• Seller: 38 Gramercy Park Board of Directors - John Lei
• Broker Representatives: Zach Redding & Dylan Kane - Colliers

The individuals behind this transaction include buyer Legions Investment Group and seller 38 Gramercy Park Board of Directors represented by John Lei. The brokers facilitating this deal are Zach Redding and Dylan Kane from Colliers, showcasing their involvement in the successful navigation of this sale.