Private Investor Acquires Multifamily Property In Manhattan For $10.6M
SOLD
New York
See Similar DealsMultiFamily27,810 SF
Sold 12/20/2017
SOLD
Private Investor Acquires Multifamily Property In Manhattan For $10.6M
606 W 137th St, New York, NY 10031, USA
See Similar DealsMultiFamily27,810 SF
Sold 12/20/2017
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:27,810 SF
Transaction Type:Sale
The multifamily property located at 606 West 137th Street in Manhattan, New York has been sold in a closed transaction. The property spans a total of 27,810 square feet and was sold for a price of $10,600,000, resulting in a price per square foot of $381. The property's capitalization rate is 4.25%.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $10,600,000
- Address: 606 West 137th Street, New York
- Market: Manhattan
- Square Footage: 27,810
- Price per Square Foot: $381
- Capitalization Rate: 4.25%
The seller of the property was Charles Dayan, while the buyer was a private investor. The transaction was facilitated by Rosewood Realty Group, with Mike Kerwin and Aaron Jungreis representing the buyer.
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