Solil Management LLC Acquires Multi-Family Property In Manhattan For $14.5M

The property involved in this transaction is a multi-family building located at 463 Lexington Avenue in New York City's Manhattan market. The property measures approximately 6,154 square feet and was sold for a price of $14,500,000, resulting in a price per square foot of $2,356. The building consists of 7 units, with an approximate price per unit of $2 million.

Summary of transaction details

• Property Type: Multi-family
• Transaction Amount: $14,500,000
• Square Footage: 6,154 sf
• Price per Square Foot: $2,356
• Number of Units: 7
• Price per Unit: Approximately $2 million

In this deal, the seller was Shorewood Real Estate Group LLC & EMMEs, while the buyer was Solil Management LLC.