David Lichtenstein Of Lightstone Group Acquires Multifamily Property In Upper West Side For $88M

The property asset involved in this transaction is a multi-family building located at 323 West 96th Street in the Upper West Side. The sale price for the property is $88,000,000, with a total square footage of 133,697 and a price per square foot of $658.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $88,000,000
• Address: 323 West 96th Street
• Market: Upper West Side
• Square Footage: 133,697
• Price Per Square Foot: $658
• Buyer: David Lichtenstein - Lightstone Group
• Seller: Joel Wiener - Pinnacle Group
• Advisors: Gary Phillips, Daniel Parker & Will Silverman - Eastdil Secured
• Expected Closing: Early August

The key individuals involved in this deal include the buyer, David Lichtenstein of Lightstone Group, and the seller, Joel Wiener of Pinnacle Group. The advisory team from Eastdil Secured consists of Gary Phillips, Daniel Parker, and Will Silverman, who facilitated the transaction.