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Allied Partners Sells Multifamily Property In Nolita For $11M

247 Mulberry Street
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This MultiFamily property located in NY was sold for $11,000,000 about 5 years ago. The brokers of the deal were Joseph (Joe) Koicim, Peter Von Der Ahe, and Noah Kossoff

The multifamily property located at 247 Mulberry St in Nolita has been sold for a total price of $11,000,000. The property spans over 10,500 square feet, resulting in a price per square foot of $1,048. The transaction involved 19 units, with each unit being sold at an average price of $578,947.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,000,000
  • Market: Nolita
  • Address: 247 Mulberry St
  • Seller: Allied Partners - Eric Hadar
  • Buyer: Allied Realty - Danny Hakakian
  • Brokers: Peter Von Der Ahe, Noah Kossoff and Joe Koicim

Peter Von Der Ahe, Noah Kossoff, and Joe Koicim were the brokers involved in facilitating the sale of the property. Allied Partners, represented by Eric Hadar, served as the seller, while Allied Realty, represented by Danny Hakakian, acted as the buyer in this transaction.

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Deals
  • Location
    247 Mulberry St, Manhattan, New York, NY, USA247 Mulberry St, Manhattan, New York, NY, USA
  • Sale Price
    $11,000,000$11,000,000
    $1,047 PPSF$1,047 PPSF
  • Area
    10,500 SF10,500 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Joseph (Joe) Koicim

Joseph (Joe) Koicim

Deals122
Financed$2B

Noah Kossoff

Noah Kossoff

Deals24
Financed$274.1M

Agencies

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Avison Young

Avison Young

Agency
Deals808
Volume$17B

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Deal Summary

SALE IMAGE: Peter Von Der Ahe, Noah Kossoff and Joe Koicim DATE: 03/22/2019 ADDRESS: 247 Mulberry St MARKET: Nolita ASSET TYPE: Multifamily SELLER: Allied Partners - Eric Hadar BUYER: Allied Realty - Danny Hakakian BROKERS: Peter Von Der Ahe, Noah Kossoff and Joe Koicim PRICE: $11,000,000 SF: 10,500 ~ PPSF: $1,048 PPU: $578,947 UNITS: 19

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247 Mulberry Street

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