Witnick Real Estate Partners Acquires East Village Multifamily For $6.95M | 417 East 9th Street | James Nelson, Alexandra Marolda, Brandon Polakoff | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

9,410 sqft

The multifamily property located at 417 East 9th Street in the East Village has been sold for a total of $6,950,000. The transaction took place on December 13, 2021. The property consists of 22 units, with an average price per unit of $315,909. It spans across 11,600 square feet, resulting in a price per square foot of $595.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $6,950,000
Address: 417 East 9th Street, East Village
Market: East Village

The buyer of the property is Witnick Real Estate Partners, represented by Isaac Abraham. The sale was facilitated by brokers Brandon Polakoff, James Nelson, and Alex Marolda from Avison Young.

Brandon Polakoff, James Nelson, and Alex Marolda from Avison Young played an instrumental role in the transaction as the buyer's representatives. Their expertise and negotiation skills ensured the successful completion of the deal.

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Players

All
4

Agents
3
Agencies
1

$1.5B Sold

$579.6M Sold

$1.1B Sold

Details

Deal Summary

SOLD

IMAGE: Brandon Polakoff, James Nelson & Alex Marolda DATE: 12/13/2021 ADDRESS: 417 East 9th Street MARKET: East Village ASSET TYPE: Multifamily BUYER: Witnick Real Estate Partners - Isaac Abraham BROKERS: Brandon Polakoff (@BFPolly), James Nelson (@JamesNelsonNYC) & Alex Marolda (@Alexandra_M_690) - Avison Young SALE PRICE: $6,950,000 UNITS: 22 ~ PPU: $315,909 SF: 11,600 ~ PPSF: $595

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Address417 East 9th Street

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