Robert Morgenstern Acquires 31-Unit Property On Tenth Avenue & West 22nd Street For $27.6M

Robert Morgenstern has acquired a property located at 203-207 Tenth Avenue & 505 West 22nd Street in an undisclosed city. The transaction took place on 07/16/2018, with a total sale price of $27,618,320. The property spans an area of 22,945 square feet, resulting in a price per square foot of $1,203. The deal involved the purchase of 31 units, with each unit costing approximately $890,000.

Summary of transaction details

• Property Type: SALE
• Transaction Amount: $27,618,320
• Square Footage: 22,945
• Price per Square Foot: $1,203
• Number of Units: 31
• Price per Unit: $890,000

The sale was facilitated by Brock Emmetsberger, Winfield Clifford, and Rachel Aschendorf from the agency Cushwake, who represented the buyer, Robert Morgenstern, in the transaction.