Wexcor Capital Acquires Multifamily Properties In Manhattan From Ben Soleimani For $2.1M

The multifamily asset located at 506 West 173rd Street, 524 West 173rd Street & 526 West 173rd Street in Manhattan was sold for $2,100,000. The property comprises 52 units totaling 18,030 square feet, resulting in a price per unit of $40,385 and a price per square foot of $116.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,100,000
• Buyer: Wexcor Capital
• Seller: Eric Benjamin
• Broker Representatives: Aaron Jungreis, Ben Khakshoor & Alex Fuchs - Rosewood Realty Group
• Market: Manhattan
• Units: 52
• Square Footage: 18,030
• Price per Unit: $40,385
• Price per Square Foot: $116

Wexcor Capital acquired the multifamily asset from Eric Benjamin, with representation by Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group. The transaction highlights the collaborative efforts of the brokerage team in facilitating the sale in the Manhattan market.