Chok Lei Acquires Multifamily Property In Midtown East For $3.8M | 221 East 48th Street | Damani Strasner, Mike Kavanagh, Will Conrad, Craig Waggner, John Ciraulo | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

5,380 sqft

An multifamily property located at 221 East 48th Street in Midtown East has been sold for a price of $3,775,000. The property consists of 5 units with a total square footage of 5,380. The price per unit was $755,000 and the price per square foot was $701.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $3,775,000
Address: 221 East 48th Street
Market: Midtown East

The buyer of the property was Chok Lei, while the seller was Jonathan Levine. The deal was facilitated by John Ciraulo, Craig Waggner, Will Conrad, Mike Kavanagh, and Damani Strasner, who were represented by the team Ciraulo & Waggner from Cushman & Wakefield.

Players

All
6

Agents
5
Agencies
1

$66.5M Sold

$131.2M Sold

$158.7M Sold

$428.5M Sold

$426M Sold

Details

Deal Summary

SOLD

IMAGE: John Ciraulo, Craig Waggner, Will Conrad, Mike Kavanagh & Damani Strasner DATE: 12/21/2021 ADDRESS: 221 East 48th Street MARKET: Midtown East ASSET TYPE: Multifamily BUYER: Chok Lei SELLER: Jonathan Levine BROKERS: John Ciraulo (@JohnCiraulo), Craig Waggner (@Craig_Waggner), Will Conrad (@WTConrad), Mike Kavanagh (@KavanaghMike) & Damani Strasner (@LordStraz) (Team Ciraulo & Waggner) (@TeamCirauloWaggner) - Cushman & Wakefield (@CushWake) SALE PRICE: $3,775,000 UNITS: 5 ~ PPU: $755,000 SF: 5,380 ~ PPSF: $701

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Address221 East 48th Street

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