Wendy Lam Acquires Kips Bay Multifamily From Bernard Zagdanski For $6.5M

The multifamily property located at 138 & 140 East 30th Street in Kips Bay, New York has been sold for a total price of $6,500,000. The property consists of 6,517 square feet and was sold at a price per square foot of $997. The sale took place on September 17, 2018.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $6,500,000
• Address: 138 & 140 East 30th Street, Kips Bay, New York
• Square Footage: 6,517
• Seller: Bernard Zagdanski
• Buyer: Wendy Lam

Mirza Avdovic from the @MirzaAvdovic agency acted as the seller's broker in this transaction. The property had been on the market for over 3 years before Mirza Avdovic's involvement. Under Mirza's guidance, the owners renovated the building and the residential units, which were previously furnished apartments. Following the renovation, the property was sold within just 10 days of being listed on the market.