David Stern Acquires Package Deal From Bayrock Capital For $48.7M In Manhattan

A package deal consisting of three buildings located at 419 East 91st Street, 160 West 74th Street, and 1055 Hylan Boulevard was sold for a total price of $48,699,000. The properties encompass a total square footage of 42,027, resulting in a price per square foot of $1,158. This transaction took place in the Manhattan market.

Summary of transaction details:

• Property Type: Package Deal
• Transaction Amount: $48,699,000
• Square Footage: 42,027
• Price Per Square Foot: $1,158
• Buyer: David Stern
• Seller: Bayrock Capital
• Brokers: Yosef Katz, Erik Yankelovich & Shlomo Antebi - Atlas Realty Group

The key individuals in this transaction include David Stern as the buyer and Bayrock Capital representing the seller. The deal was facilitated by brokers Yosef Katz, Erik Yankelovich, and Shlomo Antebi from Atlas Realty Group, emphasizing their involvement in the successful execution of this transaction.