Go Residential Acquires 7 Dey Street Multifamily In Manhattan For $223 Million

The property asset involved in this transaction is a multifamily building located at 7 Dey Street in Manhattan. It comprises 209 units with a total square footage of 260,000. The sale price for the property was $223,000,000, representing a price per unit of $1,066,985 and a price per square foot of $857.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $223,000,000
• Address: 7 Dey Street
• Market: Manhattan
• Units: 209
• Square Footage: 260,000
• Price per Unit: $1,066,985
• Price per Square Foot: $857
• Buyer: Go Residential - Meyer Orbach & Josh Gotlib
• Seller: SL Green - Harrison Sitomer
• Buyer's Rep: David Ash - Prince Realty Advisors
• Seller's Rep: Drew Isaacson & Rob Hinckley - JLL Capital Market

Drew Isaacson and Rob Hinckley of JLL Capital Markets represented SL Green in this transaction, while David Ash from Prince Realty Advisors acted as the representative for Go Residential.