GD Capital And Gorjian Acquisitions Acquire 6-Unit MultiFamily Property At 47 Stanhope Street, New York City For $1.85M

The multi-family property located at 47 Stanhope Street in New York City was recently sold. The property consists of 6 units spanning a total of 4,500 square feet. The sale price for this asset was $1,850,000, resulting in a price per unit of approximately $308,333 and a price per square foot of $411.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $1,850,000
• Units: 6
• Price per Unit: $308,333
• Square Feet: 4,500
• Price per Square Foot: $411
• Address: 47 Stanhope Street, New York City

The buyer of this property was GD Capital represented by Mark Guindi and Gorjian Acquisitions represented by Joel Gorjian. The seller was Moses Grunfeld. The deal was facilitated by brokers Zachary Fuchs and Moshe Goldberger from GFI Realty Services.