Martin Nussbaum Of Slate Property Group Acquires Multifamily Asset At 45 White Street For $32M

The asset involved in this transaction is a multifamily property located at 45 White Street, situated in the Tribeca neighborhood of Manhattan. The property consists of 16 units and was sold for $32,000,000, resulting in a price per unit of $2,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $32,000,000
• Address: 45 White Street
• Market: Tribeca, Manhattan
• Units: 16
• Price Per Unit: $2,000,000
• Buyer: Martin Nussbaum - Slate Property Group & Avenue Realty Capital
• Seller: Benchmark Real Estate Group
• Buyer's Representative: Udi Kore & Brian Vetter - Slate Property Group
• Seller's Representative: Guthrie Garvin - JLL

This transaction was facilitated by Martin Nussbaum, who represented both Slate Property Group and Avenue Realty Capital as the buyer, while Guthrie Garvin represented the seller, Benchmark Real Estate Group, through JLL. The collaboration among the involved parties reflects a strategic investment in the Tribeca market.