SOLD
Delshah Capital Acquires East Village Multifamily For $25.2M
531-533 East 12th Street
MultiFamily
30,000 SF
30,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
30,000 sqft
A multifamily property located at 531-533 East 12th Street in the East Village of New York City has been sold for $25,200,000. The property spans approximately 30,000 square feet, resulting in a price per square foot of $840. The transaction took place on November 5, 2018, and involved the buyer, Delshah Capital, and the seller, Zelman Properties.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $25,200,000
- Property Size: 30,000 square feet
- Price per Square Foot: $840
- Market: East Village
Capital Property Partners’ Daniel Rahmani represented both the buyer and the seller in this transaction. It is worth noting that Zelman Properties had previously purchased the building for $16.55 million in 2012.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Michael Shah and Daniel Rahmani
DATE: 11/05/2018
ADDRESS: 531-533 East 12th Street
MARKET: East Village
ASSET TYPE: Multifamily
SELLER: Zelman Properties
BUYER: Delshah Capital
BROKER: Capital Property Partners’ Daniel Rahmani represented both the buyer and the seller.
PRICE: $25,200,000
SF: 30,000 ~ PPSF: $840
NOTE: Zelman properties purchased the building for $16.55M in 2012.View on map
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Address531-533 East 12th Street
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