Alex Lein Acquires Upper West Side Multifamily From Karl Slovin In $4.4M Deal

Located in the desirable Upper West Side market, the multifamily property at 65 West 83rd Street has changed hands in a recent transaction. The sale took place on 08/04/2022 and involved a total price of $4,425,000. The property comprises five units with an average price per unit of $885,000. Spanning across 5,070 square feet, the property equates to a price per square foot of $872.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,425,000
• Address: 65 West 83rd Street
• Market: Upper West Side

In this transaction, Alex Lein acted as the buyer, while Karl Slovin represented the seller. The deal was successfully closed with a sales price of $4,425,000. The property consists of five units, making it an attractive investment opportunity. The property's size covers 5,070 square feet, providing ample space for occupants. With a price per square foot of $872, this transaction reflects the value of properties in the desirable Upper West Side market.