Lior Aldad Acquires 60 Bank Street Multifamily In West Village For $11.5M

60 Bank Street, a 6-unit residential building in West Village, Manhattan, was sold for $11.5 million. The property, spanning 4,350 square feet, was purchased by 60 B Street, LLC from Frederick D. Newman LLC and Susan Massad LLC. The potential for conversion into a single-family home adds versatility to this asset.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,500,000
• Units: 6
• Price Per Unit: $1,916,667
• Square Footage: 4,350
• Price Per Square Foot: $2,644
• Address: 60 Bank Street
• Market: West Village, Manhattan

The transaction was facilitated by the brokerage team consisting of Matthew Lesser, Jed Garfield, Matthew Pravda, and Matthew Lipsky, representing Leslie Garfield. The buyer, Lior Aldad of Aldad & Associates, completed the acquisition from sellers Frederick D. Newman LLC and Susan Massad LLC - Paul M. Giddins.