Jacob Fulop Acquires Multifamily Property In Alphabet City For $5.25M

The multifamily property located at 631 East 6th Street in Alphabet City has been sold in a closed transaction. The property consists of 10 units, with a total square footage of 6,985. The sale price for the property was $5,250,000, resulting in a price per unit of $525,000 and a price per square foot of $751.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,250,000
• Address: 631 East 6th Street
• Market: Alphabet City
• Buyer: Jacob Fulop
• Seller: The Bridge - Carole Gordon
• Units: 10
• Price per Unit: $525,000
• Square Footage: 6,985
• Price per Square Foot: $751

Jacob Fulop was the buyer in this transaction, while The Bridge - Carole Gordon represented the seller. This deal represents a significant investment opportunity in the Alphabet City market and showcases the demand for multifamily properties in the area.