Fetner Properties & Farallon Capital Acquire Multifamily On Upper East Side

The multifamily property located at 85 East End Avenue in Upper East Side was sold for $75,000,000. The property consists of 155 units with a price per unit of $483,871. The total square footage of the property is 179,000, with a price per square foot of $419.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $75,000,000
• Buyer: Fetner Properties & Farallon Capital Management
• Seller: Blackrock
• Brokers: Doug Middleton, William Shanahan & Nicole Okoli - CBRE

The sale of the property at 85 East End Avenue was facilitated by the brokerage team of Doug Middleton, William Shanahan, and Nicole Okoli from CBRE. Fetner Properties & Farallon Capital Management served as the buyers, while Blackrock acted as the sellers in this transaction.