Stonehenge NYC Acquires Multifamily Property In New York City For $115M

The multifamily property located at 408 East 92nd Street in New York City was recently sold in a closed transaction. The sale was facilitated by Gary Phillips, Will Silverman, and Daniel Parker of Eastdil Secured.

Summary of Transaction Details:

• Property Type: Multifamily
• Sale Price: $115,000,000
• Number of Units: 196
• Price per Unit: $586,735
• Square Footage: 194,212
• Price per Square Foot: $592

Stonehenge NYC, represented by Ofer Yardeni, purchased the property from UBS. The deal was successfully closed with a sale price of $115,000,000. The multifamily property features a total of 196 units, with a price per unit of $586,735. Additionally, the property spans across 194,212 square feet, resulting in a price per square foot of $592.