Naftali Lipschutz Acquires Multifamily Property From KSR Development For $3 Million In East Harlem

The property involved in this transaction is a multifamily asset located at 312 East 106th Street in the East Harlem market. The sale price of the property is $3,000,000, comprising a total of 30 units. The property spans a square footage of 15,330, resulting in a price per unit of $100,000 and a price per square foot of $195.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Units: 30
• Square Feet: 15,330
• Price Per Unit: $100,000
• Price Per Square Foot: $195
• Buyer: Naftali Lipschutz
• Seller: KSR Development / Klosed Properties
• Seller's Representative: Daniel O'Brien, Maurice Suede, Eric Roth & Harry James - Newmark

The key individuals involved in this transaction include the buyer, Naftali Lipschutz, and the representatives from the seller's side, which are Daniel O'Brien, Maurice Suede, Eric Roth, and Harry James from Newmark. These representatives managed the sale for KSR Development / Klosed Properties, facilitating the completion of this multifamily property deal.