Bradford Mott Acquires Multifamily Property In Murray Hill For $6.4M

The multifamily property located at 41-04 159th Street in Murray Hill has been sold. The transaction took place on January 24, 2023, with a sale price of $6,400,000. The property consists of 32 units, with an average price per unit of $200,000. The total square footage of the property is 22,400, with a price per square foot of $286.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,400,000
• Address: 41-04 159th Street
• Market: Murray Hill
• Buyer: Bradford Mott
• Seller: Luciano Sbuttoni
• Units: 32
• Price per Unit: $200,000
• Total Square Footage: 22,400
• Price per Square Foot: $286

The buyer of the property is Bradford Mott, and the seller is Luciano Sbuttoni. This transaction represents a significant deal in the Murray Hill market, demonstrating the robust demand for multifamily assets in the area.