SOLD
Fairstead Acquires Multifamily Property In Chelsea, Manhattan For $10.8M
725 6th Avenue
MultiFamily
6,272 SF
6,272 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
6,272 sqft
The multifamily property located at 725 6th Ave. in Chelsea, Manhattan was recently sold for a total price of $10,800,000. The property consists of 7 units, with an average price per unit of $1,542,857. The total square footage of the property is 6,272, with an average price per square foot of $1,721.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $10,800,000
- Units: 7
- Price Per Unit: $1,542,857
- Square Footage: 6,272
- Price Per Square Foot: $1,721
- Address: 725 6th Ave., Chelsea, Manhattan
Fairstead acquired the property from Simon Abeckaser. The deal was facilitated by the brokers Joe Koicim, Logan Markley, Zan Colin from Marcus & Millichap, and Lenny Sporn from Sporn Group LLC.
Players
All
6
Agents
4
Agencies
2
Details
SOLD
IMAGE: Logan Markley, Joe Koicim, Lenny Sporn & Zan Colin
DATE: 08/09/2022
ADDRESS: 725 6th Ave.
MARKET: Chelsea, Manhattan
ASSET TYPE: Multifamily
BUYER: Fairstead
SELLER: Simon Abeckaser
BROKERS: Joe Koicim (@Joey1CAP), Logan Markley (@LoganTMarkley) & Zan Colin (@Zan_Colin) - Marcus & Millichap; Lenny Sporn (@LennySporn) - Sporn Group LLC
SALE PRICE: $10,800,000
UNITS: 7 ~ PPU: $1,542,857
SF: 6,272 ~ PPSF: $1,721View on map
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Address725 6th Avenue
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