Jason Glick Acquires Midtown West Multifamily Property For $13M

The multifamily property located at 405-407 W. 50th St. in Midtown West has been sold for $13 million. The transaction took place on December 13, 2018. The property spans a total of 19,528 square feet, resulting in a price per square foot of $666. It consists of 40 units, with each unit being sold for an average price of $650,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $13M
• Address: 405-407 W. 50th St.
• Market: Midtown West

The seller of the property was John Curreri, while the buyer was Jason Glick. The transaction was facilitated by brokers Peter Von Der Ahe, Joe Koicim, and Logan Markley of New York Multifamily and Marcus & Millichap. They played a crucial role in ensuring the successful completion of the deal.