Asset Commercial Realty Group Sells MultiFamily Property In New York City For $615K

The multi-family property located at 642 East 96th Street in New York City has been sold. The seller of the property was David Lipsh. The property consists of 6 units with a total square footage of 5,560. The sale price for the property was $615,000, resulting in a price per unit of $102,500 and a price per square foot of $111.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $615,000
• Address: 642 East 96th Street
• Market: New York City

Sadya Liberow and Mark Akilov from Asset Commercial Realty Group represented the seller, David Lipsh, in the transaction. Asset CRG Advisors successfully completed the sale despite several complications. The property was sold AS-IS, with all violations, liens, and multiple non-paying tenants. The deal was able to go straight to closing, showcasing the expertise of the brokers in maneuvering through the challenges.

For any further inquiries about this sale or other potential off-market opportunities, interested parties can reach out to Sadya Liberow at 646.363.6175 or via email at [email protected]. Mark Akilov, Esq. can also be contacted at 646.361.6274 or [email protected].