AB & Sons Acquires 50% Interest In Multifamily Properties In Hell's Kitchen & Morningside Heights For $200M

Hell's Kitchen, Manhattan

$200,000,000

Building Size

—

Asset Type

MultiFamily

Closing

Jul 1, 2020

AI

Eli Chetrit and Isaac Chetrit have recently closed an interest sale transaction in Hell's Kitchen and Morningside Heights, involving a multifamily property consisting of approximately 950 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $200,000,000 (approx.)
Buyer: AB & Sons - Isaac & Eli Chetrit
Seller: Black Spruce Management - Josh Gotlib & Oliver Legg

The transaction involved the sale of a 50% interest in the property. AB & Sons, represented by Isaac and Eli Chetrit, acquired the interest from the seller, Black Spruce Management, represented by Josh Gotlib and Oliver Legg.

Players