Stonehenge Partners Acquires Multifamily Property In New York For $114M From Seller UBS

The multifamily property located at 408 E 92nd St in RiverEast, New York, has been sold in a closed transaction. The property consists of 196 units, with a total square footage of 194,212. The sale price for this transaction was $114,000,000, equating to a per unit price of $581,633 and a per square foot price of $587.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $114,000,000
• Address: 408 E 92nd St - RiverEast, New York
• Market: New York

Stonehenge Partners, represented by Ofer Yardeni, acquired the property from UBS. The deal was facilitated by brokers Gary Phillips, William Silverman, and Daniel Parker, who are associated with Eastdil Secured.