Lockhill Properties Acquires Multifamily Property In Manhattan For $5.65M

Located at 627 E. 6th St. in Manhattan, this multifamily property was recently sold in a transaction led by Brandon Polakoff from Avison Young. The property was sold by Frank Pizzaia and Mariann Pizzaia to Lockhill Properties represented by Parke Leatherman. The sale price for this property was $5,650,000, with a total square footage of 7,410. This amounts to a price per square foot of $762.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,650,000
• Address: 627 E. 6th St., Manhattan
• Market: Manhattan

Brandon Polakoff, representing Avison Young, played a crucial role in the successful completion of this transaction. The buyer, Lockhill Properties, was represented by Parke Leatherman. With a sales price of $5,650,000, this deal marks a significant milestone in the Manhattan property market. The property offers a total square footage of 7,410, making it an attractive investment opportunity.