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Icon Realty Management Sells 10-Unit Multifamily In New York City For $6.35M With Avison Young Brokers

Property Image
SOLD
$6,350,000
Mitchell Levine
Brandon Polakoff
Ryan McGuirl
+ 3

New York

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MultiFamily7,686 SF
Sold 12/22/2022
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Property Image
SOLD

Icon Realty Management Sells 10-Unit Multifamily In New York City For $6.35M With Avison Young Brokers

447 West 47th Street

See Similar Deals
MultiFamily7,686 SF
Sold 12/22/2022
Mitchell Levine
Brandon Polakoff
Ryan McGuirl
+ 3
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$826
Total Square Footage:7,686 SF
Transaction Type:Sale

A multifamily property located at 447 West 47th Street in New York City has been sold for $6,350,000. The property consists of 10 units, with an average price per unit of $635,000. The total square footage of the property is 7,686, resulting in a price per square foot of $826.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,350,000
  • Units: 10
  • Average Price per Unit: $635,000
  • Total Square Footage: 7,686
  • Price per Square Foot: $826
  • Address: 447 West 47th Street
  • Market: New York City

The sale of the property was facilitated by brokers Brandon Polakoff, Ryan McGuirl, Mitchell Levine, and Joseph Moran from Avison Young. The sellers, Icon Realty Management represented by Terrence Lowenberg and Todd Cohen, successfully closed the deal.

Players

Brandon Polakoff
Avison Young
Brandon Polakoff
123 deals$1.8B volume
BROKER
Mitchell Levine
Avison Young
Mitchell Levine
27 deals$294.6M volume
BROKER
Ryan McGuirl
Avison Young
Ryan McGuirl
60 deals$804.5M volume(212) 858-9361
BROKER
Joseph (Joe) Moran
Avison Young
Joseph Moran
33 deals$388.2M volume
BROKER
Terrence Lowenberg
Icon Realty Management
Terrence Lowenberg
16 deals$301.7M volume
SELLER
TC
Icon Realty Management
Todd Cohen
8 deals$189.3M volume
SELLER

Details

SOLD
IMAGE: Brandon Polakoff, Ryan McGuirl, Mitchell Levine & Joseph Moran DATE: 12/22/2022 ADDRESS: 447 West 47th Street MARKET: New York City ASSET TYPE: Multifamily SELLER: Icon Realty Management - Terrence Lowenberg (@TerrenceLowenberg) & Todd Cohen BROKERS: Brandon Polakoff (@BFPolly), Ryan McGuirl (@Rmac_NYC), Mitchell Levine (@Mil1973) & Joseph Moran (@JoeMoran31) - Avison Young (@Avison_Young_Global) SALE PRICE: $6,350,000 UNITS: 10 ~ PPU: $635,000 SF: 7,686 ~ PPSF: $826

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0.94x

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