Stonehenge Partners Acquires 88-Unit Multifamily In West Village For $80.4M

Stonehenge Partners, represented by Ofer Yardeni, has purchased a multifamily property in the West Village, located at 780 Greenwich Street. The seller, Heller Realty, closed the deal on August 17, 2022, for a total sale price of $80,400,000. The property consists of 88 units, with an average price per unit of $913,636. It spans approximately 70,000 square feet, resulting in a price per square foot of $1,148.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $80,400,000
• Address: 780 Greenwich Street
• Market: West Village
• Buyer: Stonehenge Partners - Ofer Yardeni
• Seller: Heller Realty
• Units: 88
• Average Price per Unit: $913,636
• Square Footage: 70,000
• Price per Square Foot: $1,148

Ofer Yardeni, representing Stonehenge Partners, played a significant role in the transaction. Stonehenge Partners made a strategic move to acquire this multifamily property in the desirable West Village market. Heller Realty, the seller, was able to close the deal with the assistance of their representative. This transaction showcases the growing demand and value of properties in the West Village area.