SOLD
Kushner Companies Sells East Village Multifamily For $19.5M With Marcus & Millichap As Brokers
504-508 East 12th Street
MultiFamily
61,712 SF
61,712 SF
Sold 174 days ago
Summary
Sale
NEW YORK
MultiFamily
61,712 sqft
The multifamily property located at 504-508 East 12th Street in the East Village of Manhattan has been sold in a closed transaction. The property consists of 58 units with a price per unit (PPU) of $336,207. The total square footage of the property is 30,856, resulting in a price per square foot (PPSF) of $632. The sale price for this transaction was $19,500,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $19,500,000
- Units: 58
- Price per Unit (PPU): $336,207
- Square Footage (SF): 30,856
- Price per Square Foot (PPSF): $632
The seller of this property was Kushner Companies. The deal was facilitated by the broker representatives from Marcus & Millichap, namely Joe Koicim, Logan Markley, Zan Colin, and Matt Berger.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Zan Colin, Joe Koicim, Logan Markley & Matt Berger
DATE: 11/08/2023
ADDRESS: 504-508 East 12th Street
MARKET: East Village, Manhattan
ASSET TYPE: Multifamily
SELLER: Kushner Companies
BROKERS: Joe Koicim (@Joey1Cap), Logan Markley (@LogantMarkley), Zan Colin (@Zan_Colin) & Matt Berger (@MattBerger5) - Marcus & Millichap (@MarcusMillichapInc)
SALE PRICE: $19,500,000
UNITS: 58 ~ PPU: $336,207
SF: 30,856 ~ PPSF: $632View on map
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Address504-508 East 12th Street
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