Aya Acquisitions Acquires MultiFamily Property On West End Ave For $50.7M

The property involved in this transaction is a 101-unit multifamily building located at 740 West End Ave, New York, NY, 10025. The asset, constructed in 1915, features an elevator and consists of 14 stories, which includes six commercial spaces and one superintendent’s apartment. The sale price for the property was $50,700,000.00.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $50,700,000.00
• Address: 740 West End Ave, New York, NY, 10025
• Market: New York
• Seller's Representative: Matthew "Teddy" Galligan - JLL
• Buyer: Aya Acquisitions

The transaction was facilitated by JLL, with a team comprising Bob Knakal, Hall Oster, Jonathan Hageman, Paul Smadbeck, Teddy Galligan, and Braedon Gait representing the seller, Wolk Properties. The buyer, Aya Acquisitions, was procured through this representation.