B&W Reality LLC Acquires 8-Unit Multifamily In Manhattan – China Town For $5.4M

An eight-unit multifamily property located at 83 Bayard Street in New York City's Manhattan – China Town neighborhood has been sold for $5,432,000. The property spans 7,710 square feet, translating to a price per square foot of $704. Out of the eight units, seven are rent-stabilized, while the remaining unit is not. The per unit price stands at $669,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,432,000
• Address: 83 Bayard Street, New York
• Market: Manhattan – China Town
• Square Footage: 7,710
• Price per Square Foot: $704
• Units: 8 (7/8 are rent-stabilized)
• Price per Unit: $669,000

The seller of the property is Sault Side, INC., represented by Ya Yao Shik. The buyer is B & W Reality LLC, with Weitzner Shih serving as their representative.