@HUBBNYC Acquires Multifamily Property In Chelsea For $7.4M

The multifamily property located at 202 Ninth Avenue in Chelsea has been sold in a closed transaction. The property spans an area of 7,256 square feet and has been sold for a total of $7,400,000, with an asking price of $8,000,000. This translates to a price per square foot of $1019.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,400,000
• Address: 202 Ninth Avenue, Chelsea
• Market: Chelsea
• Seller: JP Thompson
• Buyer: @HUBBNYC – Johnny McCarthy, Jesse Terry
• Brokers: Peter Von Der Ahe, Joe Koicim, Logan Markley, Danny Handweiler

The deal involved several key individuals and companies. The buyer, @HUBBNYC, was represented by Johnny McCarthy and Jesse Terry. The seller, JP Thompson, enlisted the services of brokers Peter Von Der Ahe, Joe Koicim, Logan Markley, and Danny Handweiler. They were instrumental in facilitating the transaction.