Liberty Bagels Acquires Multifamily Asset At 5 East 47th Street From Walter Samuels For $9.4M

The property asset involved in the transaction is a multifamily building located at 5 East 47th Street in Midtown Manhattan. The sale price for the asset was $9,400,000. The building comprises a total of 14,025 square feet, resulting in a price per square foot of $670.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,400,000
• Address: 5 East 47th Street
• Market: Midtown Manhattan
• Square Footage: 14,025
• Price per Square Foot: $670
• Buyer: Liberty Bagels
• Seller: Walter Samuels
• Broker Representatives: David Schechtman, Abie Kassin & Henry Barnathan - Meridian Capital Group

The deal was facilitated by broker representatives David Schechtman, Abie Kassin, and Henry Barnathan from Meridian Capital Group, who played a crucial role in connecting the buyer, Liberty Bagels, with the seller, Walter Samuels, completing the transaction successfully.