Penn South Capital Acquires Multifamily Property From VRH For $3.5M

The multifamily property located at 430 East 13th Street in the East Village, Manhattan, was recently sold for $3,500,000. This property consists of 15 units with a total square footage of 6,364 square feet. The price per unit stood at $233,333, and the price per square foot was $550.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,500,000
• Units: 15
• Square Footage: 6,364
• Price per Unit: $233,333
• Price per Square Foot: $550
• Address: 430 East 13th Street
• Market: East Village, Manhattan
• Buyer: Penn South Capital
• Seller: VRH
• Broker: Adelaide Polsinelli - Compass

Adelaide Polsinelli of Compass represented the buyer, Penn South Capital, in the transaction for the multifamily property at 430 East 13th Street, East Village, Manhattan.