Sean Lefkovits & Lance Lefkovits Of SL Property Group Acquire Multifamily Asset In Manhattan For $3.5M

The asset involved in this transaction is a multifamily property located at 520 West End Avenue in Manhattan. The sale price of the property was $3,500,000, which corresponds to a price per unit of $437,500. The total square footage of the property is 10,794, resulting in a price per square foot of $324.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,500,000
• Address: 520 West End Avenue
• Market: Manhattan
• Units: 8
• Price Per Unit: $437,500
• Square Footage: 10,794
• Price Per Square Foot: $324
• Buyer: Sean Lefkovits & Lance Lefkovits - SL Property Group
• Seller: Ivan Stux
• Brokerage: Paul Smadbeck, Conrad Martin, Hall Oster, Teddy Galligan & Braedon Gait - JLL

The buyers, Sean Lefkovits and Lance Lefkovits, represent SL Property Group. The transaction represents a step in their active acquisition strategy in Manhattan and Brooklyn, where they are under contract on several other properties and seeking opportunities between $5M and $100M. Interested parties can reach them at [email protected] and [email protected].