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Maurice Kohan Acquires Hell's Kitchen Multifamily For $4.8M

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SOLD
$4,800,000

New York

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MultiFamily9,635 SF
Sold 10/04/2023
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Property Image
SOLD

Maurice Kohan Acquires Hell's Kitchen Multifamily For $4.8M

444 West 58th Street

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MultiFamily9,635 SF
Sold 10/04/2023
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$498
Total Square Footage:9,635 SF
Transaction Type:Sale

The 15-unit residential walkup building at 444 West 58th Street in Hell’s Kitchen, Manhattan has been sold for $4.8 million. The property is located in the vibrant market of Hell's Kitchen and offers a multifamily asset type. With a sale price per built square foot of $498, the buyer Maurice Kohan obtained a valuable investment opportunity.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,800,000
  • Address: 444 West 58th Street, Hell’s Kitchen, Manhattan
  • Market: Hell’s Kitchen, Manhattan
  • Buyer: Maurice Kohan
  • Seller: James F. Hefelfinger - Sackman Enterprises
  • Units: 15
  • Price per Unit (PPU): $320,000
  • Building Square Footage (BSF): 15,110
  • Price per BSF (PPBSF): $318
  • Total Square Footage (SF): 9,635
  • Price per Square Foot (PPSF): $498

James F. Hefelfinger, representing Sackman Enterprises, facilitated the transaction as the seller's representative. Maurice Kohan seized the opportunity to acquire this valuable property, emphasizing the potential it holds in the sought-after market of Hell's Kitchen.

Players

4 deals$11.6M volume
BUYER

Details

SOLD
IMAGE: 10/04/2023 ADDRESS: 444 West 58th Street MARKET: Hell’s Kitchen, Manhattan ASSET TYPE: Multifamily BUYER: Maurice Kohan SELLER: James F. Hefelfinger - Sackman Enterprises SALE PRICE: $4,800,000 UNITS: 15 ~ PPU: $320,000 BSF: 15,110 ~ PPBSF: $318 SF: 9,635 ~ PPSF: $498 NOTE: Maurice Kohan paid $4.8 million for the 15-unit residential walkup building at 444 West 58th Street in Hell’s Kitchen, Manhattan. The sale price per built square foot is $498.

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