Nathan Benelyahou Purchases Multifamily Property At 544 West 49th Street For $2,000,000

The property asset involved in the transaction is a multifamily building located at 544 West 49th Street in Hell's Kitchen. The sale price for this asset was $2,000,000. It contains 20 units, with a price per unit of $100,000. The total square footage of the building is 8,800 square feet, translating to a price per square foot of $227.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Units: 20
• Price Per Unit: $100,000
• Square Footage: 8,800
• Price Per Square Foot: $227
• Buyer: Nathan Benelyahou
• Seller: BH3 Management
• Broker: Jay Bernstein - Besen Partners

In this transaction, Nathan Benelyahou acted as the buyer while BH3 Management was the seller. The brokerage firm involved in the deal was Besen Partners, represented by broker Jay Bernstein.