SOLD
Manor Holdings Acquires Philadelphia Multifamily Property For $51M
1406-1446 North 31st Street
MultiFamily
142,837 SF
142,837 SF
Sold 1 year ago
Summary
Sale
PENNSYLVANIA
MultiFamily
142,837 sqft
The multifamily property located at 1406-1446 N. 31st Street in Philadelphia, PA has been sold for a price of $51,000,000. The sale took place on 11/05/2021 and was facilitated by Ken Wellar, Corey Lonberger, and Mark Duszak of Rittenhouse Realty Advisors. The property is a Class A building with a total of 201 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $51,000,000
- Address: 1406-1446 N. 31st Street, Philadelphia, PA
- Market: Philadelphia, PA
- Units: 201
The buyer in this transaction is Israel Terkeltaub, representing Manor Holdings. The deal was successfully negotiated with the assistance of Ken Wellar, Corey Lonberger, and Mark Duszak from Rittenhouse Realty Advisors. The property spans a total of 142,837 square feet, with a price per square foot of $357.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Ken Wellar, Mark Duszak & Corey Lonberger
DATE: 11/05/2021
ADDRESS: 1406-1446 N. 31st Street
MARKET: Philadelphia, PA
ASSET TYPE: Multifamily ~ UNITS: 201 (Class A building)
BUYER: Israel Terkeltaub - Manor Holdings
BROKERS: Ken Wellar (@Ken_Wellar_CRE), Corey Lonberger & Mark Duszak - Rittenhouse Realty Advisors (@Rittenhouse_Realty_Advisors)
SALE PRICE: $51,000,000
SF: 142,837 ~ PPSF: $357View on map
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Address1406-1446 North 31st Street
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