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309 East 92nd Street
SOLD

Legion Investment Group Acquires Upper East Side Multifamily For $9.3M

309 East 92nd Street

MultiFamily
86,000 SF
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Summary

Sale
NEW YORK
MultiFamily
86,000 sqft

The multifamily property located at 309 East 92nd Street in New York's Upper East Side has been sold for a price of $9,300,000. This fully gut renovated property spans a total of 8,600 square feet, with each square foot valued at $1,081. The property consists of 10 units, resulting in an average price per unit of $930,000. Additionally, the property has a capitalization rate of 5.4%.

Summary of transaction details

  • Property Type: Multifamily (fully gut renovated FM)
  • Transaction Amount: $9,300,000
  • Square Footage: 8,600 sf
  • Price per Square Foot: $1,081
  • Number of Units: 10
  • Price per Unit: $930,000
  • Capitalization Rate: 5.4%

The seller of the property is FBE Limited, while the buyer is Legion Investment Group LLC, represented by Victor Sigoura.

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Players

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  • Agencies

    1

Brendan Maddigan's profile picture
Brendan Maddigan
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Vice Chairman
$2.7B Sold

Details

Deal Summary
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SOLD
IMAGE: Victor Sigoura, Ian Brooks, Brett Weisblum, Robert Shapiro and Tom Gammino DATE: 05/07/2018 ADDRESS: 309 East 92nd Street CITY: New York MARKET: UpperEastSide ASSET TYPE:Multifamily (fully gut renovated FM) PRICE: $9,300,000 SF: 8,600 sf PPSF: $1,081 UNITS: 10 PPU: 930K CAP RATE: 5.4% SELLER: FBE Limited BUYER: Legion Investment Group LLC – Victor Sigoura […]

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Address309 East 92nd Street

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