Penn South Capital Acquires Multifamily Property At 94 Ave A In East Village For $9.6M

A multifamily property located at 94 Ave A in the East Village has been sold for a reported price of $9.6 million. The property spans an area of 9,156 square feet, resulting in a price per square foot of $1,048. The transaction took place on April 22, 2019.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9.6 million
• Address: 94 Ave A
• Market: East Village

The buyer of the property is Penn South Capital, represented by Raymond Chera. On the other hand, Pinchas Milstein and Amnon Kahati acted as the sellers. The deal was facilitated by Tim Graney, Josh Frank, Sion Misrahi, and Jason Misrahi from the Misrahi Realty Group.