The Mizrahi Family Acquires Multifamily Property On West 87th Street For $6M

The recently closed transaction on 46 West 87th Street in the Upper West Side involved the sale of a multifamily property. The property comprises 13 units with a total of 8,861 square feet. The sale price for this property was $6,000,000, resulting in an average price per unit of $461,538 and a price per square foot of $677.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,000,000
• Units: 13
• Average Price Per Unit: $461,538
• Square Feet: 8,861
• Price Per Square Foot: $677
• Market: Upper West Side

The buyer of this property was The Mizrahi Family, represented by Patrick Dugan from Dusk Group. The seller's representative in this deal was Anton Kipel from Venture Capital Properties.