The multifamily property located at 601 West 110th Street in Morningside Heights has been sold for a total of $72,200,000. The property spans across 164,350 square feet, resulting in a price per square foot of $439.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $72,200,000
• Square Footage: 164,350
• Price Per Square Foot: $439
• Address: 601 West 110th Street
• Market: Morningside Heights

The seller of the property was Richard Born, the owner of BD HOTELS. Richard is known for owning the largest private hotel portfolio in New York, which includes over 5000 rooms and 30 hotels, such as the Bowery Hotel, Greenwich Hotel, Jane Hotel, and Ludlow Hotel. On the other hand, the buyer of the property was Jeff Goldberger from Atlas Capital Group. The transaction was facilitated by Aaron Jungreis from Rosewood Realty Group NY.

It's worth noting that Richard Born's extensive portfolio in the hotel industry adds to his profile as a prominent figure in New York's real estate scene.