FOK Family Acquires Multifamily Property On Grand Street In New York City For $23.75M

A multifamily property located at 324 Grand Street in New York City has been sold for a total of $23,750,000. The property spans 25,549 square feet, resulting in a price per square foot of $930.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $23,750,000
• Address: 324 Grand Street
• Market: New York City

The buyer in this transaction is FOK Family, while the seller is Empire Capital Holdings. Avison Young represented both parties in the deal, with Brandon Polakoff and Ryan McGuirl serving as the buyer's representatives, and Noah Kossoff and Joe Moran representing the seller.