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SOLD

Monarch Realty Holdings Acquires Multifamily Property In Manhattan For $8.9M

427 East 80th Street

MultiFamily
9,300 SF
clock iconSold 1 year ago
James Nelson
Eric Karmitz
Alexandra Marolda
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Summary

Sale
NEW YORK
MultiFamily
9,300 sqft

The multifamily property located at 427 E 80th Street in Manhattan was recently sold in a closed transaction. The property spans 9,300 square feet and was sold for a total price of $8,937,500, resulting in a price per square foot of $961.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $8,937,500
  • Address: 427 E 80th Street
  • Market: Manhattan

The buyer of the property was Monarch Realty Holdings, while JAM Real Estate Partners, represented by Jared Pinchasick, acted as the seller. The deal was facilitated by brokers Eric Karmitz, Alex Marolda, and James Nelson from Avison Young.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

James Nelson's profile picture
James Nelson
Avison Young-image
Principal and Head
$1.5B Sold
Eric Karmitz's profile picture
Alexandra Marolda's profile picture

Details

Deal Summary
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SOLD
IMAGE: Eric Karmitz, James Nelson, Jared Pinchasick & Alex Marolda DATE: 11/09/2022 ADDRESS: 427 E 80th Street MARKET: Manhattan ASSET TYPE: Multifamily BUYER: Monarch Realty Holdings SELLER: JAM Real Estate Partners - Jared Pinchasick (@JPinchasik) BROKERS: Eric Karmitz (@Eric.Karmitz), Alex Marolda & James Nelson (@JamesNelsonNYC) - Avison Young SALE PRICE: $8,937,500 SF: 9,300 ~ PPSF: $961

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Address427 East 80th Street

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