David Shapiro Of Grand & Co Represents Buyer In Chelsea Multifamily Sale For $9.25M

The property asset involved in this transaction is a multifamily building located at 410 West 22nd Street in the Chelsea neighborhood of Manhattan. The sale concluded at a price of $9,250,000, covering a total of 17 units. The building comprises 8,892 square feet, resulting in a price per unit of $544,117 and a price per square foot of $1,040.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,250,000
• Units: 17
• Square Footage: 8,892
• Price Per Unit: $544,117
• Price Per Square Foot: $1,040
• Buyer's Representative: David Shapiro - Grand & Co
• Seller's Representatives: Richard Velotta & Daniel Handweiler - Raven Property Advisors

This transaction highlights the collaboration between key individuals and their respective companies, with David Shapiro representing the buyer through Grand & Co, while the seller was represented by Richard Velotta and Daniel Handweiler of Raven Property Advisors. This arrangement showcases the professional network facilitating this multifamily asset transaction in Chelsea.