Multifamily Asset At 234 And 236 East 88th Street Sold For $10.4 Million

The property involved in the transaction is a multifamily asset located at 234 East 88th Street & 236 East 88th Street in the Upper East Side market. The sale price for the property was $10,400,000, which translates to a price per unit of $305,882 across its 34 units. The total square footage of the property is 17,110, resulting in a price per square foot of $608.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,400,000
• Units: 34
• Price Per Unit: $305,882
• Square Footage: 17,110
• Price Per Square Foot: $608
• Seller's Representatives: Hall Oster, Jonathan Hageman, Teddy Galligan, Logan Boenning, Braedon Gait & Conrad Martin - JLL

The transaction was facilitated by a team of six representatives from JLL, showcasing a collaborative effort in completing the sale. The individuals involved in representing the seller all played crucial roles in finalizing the deal for this multifamily property.