Lightstone Group Acquires Multifamily Property On Upper West Side For $28.5M

A multifamily property located at 700 West End Avenue in the Upper West Side was recently sold for a total of $28,500,000. The property spans a total of 55,860 square feet, resulting in a price per square foot of $510. It comprises 65 units, with an average price per unit of $438,461.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $28,500,000
• Address: 700 West End Avenue
• Market: Upper West Side

The buyers of the property are David Lichtenstein and Mitchell Hochberg, representing the Lightstone Group.

This transaction showcases the involvement of David Lichtenstein and Mitchell Hochberg from the Lightstone Group as the purchasers of the multifamily property on 700 West End Avenue. Their expertise in the real estate industry has led them to acquire this valuable asset in the Upper West Side market.