JP Investments Acquires Multifamily Asset At 90 Bedford Street In West Village For $32.7M

The multifamily asset located at 90 Bedford Street, known as The Friends Building, was sold for $32,700,000. The property comprises 23 units, offering a price per unit of $1,421,739. With a total square footage of 15,586, the price per square foot amounts to $2,098. The building is situated in the West Village market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $32,700,000
• Buyer: JP Investments
• Seller: Joseph Sutton - Wharton Properties
• Broker: Michael Sherman - Baseline Real Estate Advisors
• Units: 23
• Square Footage: 15,586
• Price Per Unit: $1,421,739
• Price Per Square Foot: $2,098

Joseph Sutton, representing Wharton Properties, sold the property, while Michael Sherman acted on behalf of Baseline Real Estate Advisors in the transaction. Notably, the apartment building at 90 Bedford Street was used as the exterior location for the iconic television show Friends.