CBRE Represents Sale Of 107-109 East 89th Street Package Deal In Carnegie Hill For $7.5M

This transaction involves a package deal of two contiguous multifamily buildings located at 107 and 109 East 89th Street in Carnegie Hill. The sale price was $7,500,000, with a total square footage of 19,620, resulting in a price per square foot of $382.

Summary of transaction details:

• Property Type: Package Deal
• Transaction Amount: $7,500,000
• Square Footage: 19,620
• Price Per Square Foot: $382
• Address: 107 & 109 East 89th Street
• Market: Carnegie Hill
• Brokers: Robert Shapiro, Ian Brooks, Nicholas Kontos & David Garcia - CBRE

CBRE acted as the exclusive agent and sole broker in this transaction, successfully facilitating the sale of these 38 well-maintained apartments, marking the first sale of this property in nearly 50 years. The buildings are situated directly across from the Dalton School, underlining their prime location within one of Manhattan’s prestigious neighborhoods.