JLL Brokers $10.2M Sale Of Multifamily Asset In Washington Heights

A multifamily property located at 788 Riverside Drive in Washington Heights has been sold for a total price of $10,200,000. The property consists of 62 units, with a price per unit of $164,516. The total square footage of the property is 80,678, with a price per square foot of $126.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,200,000
• Address: 788 Riverside Drive, Washington Heights
• Market: Washington Heights
• Units: 62
• Price per Unit: $164,516
• Total Square Footage: 80,678
• Price per Square Foot: $126

The sale of the property was facilitated by JLL, represented by brokers Paul Smadbeck, Hall Oster, Conrad Martin, Braedon Gait, Teddy Galligan, and Clint Olsen.