Chestnut Holdings Acquires Multifamily Property At 70 74 East 116th St From BFC Partners For $5.425M

The property involved in the transaction is located at 70 74 East 116th St, situated in the New York market. This MultiFamily asset was sold for $5,425,000.00 and encompasses a total square footage of 21,000.0 square feet.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $5,425,000.00
• Address: 70 74 East 116th St
• Market: New York
• Square Footage: 21,000.0
• Buyer: Chestnut Holdings
• Seller: BFC Partners
• Broker: Kobi Zamir - GFI Realty Services

Key individuals in the transaction include the buyer, Chestnut Holdings, and the seller, BFC Partners. The deal was facilitated by the broker representative, Kobi Zamir from GFI Realty Services, who managed the transaction process.