Avison Young Brokers Acquire Multifamily Property On East 12th Street In New York City For $2.8M

A multifamily property located at 638 East 12th Street in New York City has been sold. The property spans 4,532 square feet and was sold for a total price of $2,800,000. The price per square foot for this transaction was $618. The building's total square footage is 8,948, resulting in a price per square foot of $313.

Summary of Transaction Details:

• Property Type: Multifamily
• Sale Price: $2,800,000
• Square Footage: 4,532
• Price per Square Foot: $618
• Total Building Square Footage: 8,948
• Price per Building Square Foot: $313
• Address: 638 East 12th Street, New York City
• Date: 07/18/2023
• Brokers: Brandon Polakoff & Ryan McGuirl - Avison Young

The sale of this multifamily property was facilitated by Brandon Polakoff and Ryan McGuirl of Avison Young. They served as brokers in the deal, representing the respective parties involved in the transaction. The involvement of these brokers highlights their expertise and contribution to the successful sale of the property.