Ben Ohebshalom Of Sky Management Purchases MultiFamily At 411 East 51st Street For $4.1M

The property involved in the transaction is a five-unit residential walkup located at 411 East 51st Street in Manhattan’s Turtle Bay. The sale was completed for $4.1 million, with the property measuring 4,447 square feet, translating to a price per square foot of $922. The property also includes 3,088 square feet of additional air rights.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $4,100,000
• Square Footage: 4,447
• Price Per Square Foot: $922
• Units: 5
• Price Per Unit: $820,000
• Buyer: Ben Ohebshalom - Sky Management
• Seller: Alan Plotnik

Sky Management, represented in this transaction by Jaber 51 LLC, acquired the property from Alan Plotnik. This acquisition highlights the continued investment activity in Manhattan's residential real estate market.