John Ilibassi Acquires Gramercy Park Multifamily Asset From Anne Marie Lucchesi For $5.3M

The property asset involved in the transaction is a multifamily building located at 76 Irving Place in the Gramercy Park market. The sale price of the property was $5,300,000, comprising 22 units with a price per unit of $240,909. The overall square footage of the asset is 12,492, resulting in a price per square foot of $424.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,300,000
• Address: 76 Irving Place
• Market: Gramercy Park
• Units: 22
• Price Per Unit: $240,909
• Square Footage: 12,492
• Price Per Square Foot: $424
• Buyer: John Ilibassi
• Seller: Anne Marie Lucchesi
• Broker: Joseph Smith - Friedman-Roth Realty

Notably, a significant contribution to the completion of this deal came from Tracey Daniels Esq, who was thanked by broker Joseph Smith for all the hard work on this transaction.