Rockledge Realty Partners Acquires 85 South Street Multifamily Property For $8.25M

The asset involved in this transaction is a MultiFamily property located at 85 South Street in the Financial District. The sale price for this property was $8,250,000. The total square footage of the asset is 52,005, resulting in a price per square foot of $158.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $8,250,000
• Address: 85 South Street
• Market: Financial District
• Square Footage: 52,005
• Price Per Square Foot: $158
• Buyer: Rockledge Realty Partners - David Kaye
• Seller: Seaport Entertainment Group
• Brokers: Ethan Stanton, Hall Oster, Jonathan Hageman, Teddy Galligan, Michael Mazzara & Brendan Maddigan - JLL

The transaction was facilitated by several brokers from JLL, including Ethan Stanton, Hall Oster, Jonathan Hageman, Teddy Galligan, Michael Mazzara, and Brendan Maddigan. The buyer, David Kaye of Rockledge Realty Partners, and the seller, Seaport Entertainment Group, were represented effectively in this deal.