Private Investor Purchases Greenlake Pointe Multifamily Property In Seattle For $10 Million

A private investor purchased Greenlake Pointe, a multifamily asset located at 1400 North 80th Street in Seattle, WA. The transaction was executed for a price of $10,000,000, and the property consists of 21 units within 20,672 square feet, resulting in a price per unit of $476,190 and a price per square foot of $484.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,000,000
• Units: 21
• Square Footage: 20,672
• Price Per Unit: $476,190
• Price Per Square Foot: $484
• Sale Date: 10/21/2025
• Address: 1400 North 80th Street, Seattle, WA

Lee & Associates, alongside West Coast Commercial Realty, acted as the brokers in the transaction, representing the seller, who intends to reinvest in a lower-maintenance retail asset. The brokers involved included Candice Chevaillier, Daniel Lim, Sara Bago, and Dea Sumantri from Lee & Associates and Blake Taylor from West Coast Commercial Realty.