David Kaye Of Rockledge Purchases 24-Unit Multifamily Building In Financial District For $8.2M

The transaction involves a multi-family residential building located at 85 South Street, situated in Manhattan’s Financial District. The deal was finalized for a price of $8,200,000, encompassing a total square footage of 52,005. The property features 24 residential units and has a building size of 76,180 square feet, resulting in a price per square foot of $158 and a price per unit of $341,667.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $8,200,000
• Address: 85 South Street
• Market: Financial District, Manhattan
• Square Footage: 52,005
• Price Per Square Foot: $158
• Units: 24
• Price Per Unit: $341,667
• Building Size: 76,180
• Price Per Building Size Foot: $108

David Kaye, representing Rockledge, acquired the property from Matthew Partridge, who represented Seaport Entertainment Group. The closing date for the transaction was September 28, 2026, with the recording date noted as October 5, 2026.