Tran Group Acquires Multi Family Property In East Village, Manhattan For $3.5M

The multi-family property located at 73 2nd Avenue in East Village, Manhattan has been sold in a recent transaction. The property consists of 9 units and spans 8,075 square feet. The sale price for the property was $3,500,000, resulting in an average price per unit of $388,889 and a price per square foot of $433.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $3,500,000
• Units: 9
• Price per Unit: $388,889
• Square Footage: 8,075
• Price per Square Foot: $433
• Address: 73 2nd Avenue, East Village, Manhattan

The buyer of the property is the Tran Group, while the seller is Second Avenue Assets. The transaction was facilitated by Lazer Sternhell and Peter Vanderpool, representing Cignature Realty Associates. Cignature Realty is a prominent real estate agency that specializes in the sale of multi-family and apartment buildings in the New York Metro area.

For more details, including other sold deals, recent news, and market reports, interested parties can visit CignatureRealty.com or sign up for current listings.