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60 East 12th Street
SOLD

Slate Property Group And Alcion Ventures Acquire Multifamily Rental In Union Square For $106.5M

60 East 12th Street

MultiFamily
116,000 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
MultiFamily
116,000 sqft

The multifamily rental property located at 60 East 12th Street in Union Square has been sold in a closed transaction. The property spans 116,000 square feet and consists of 133 units. The sale price for this transaction was $106,500,000, resulting in a price per square foot of $918 and a price per unit of $800,751.

Summary of transaction details:

  • Property Type: Multifamily Rental
  • Transaction Amount: $106,500,000
  • Address: 60 East 12th Street
  • Market: Union Square
  • Square Footage: 116,000
  • Price per Square Foot: $918
  • Units: 133
  • Price per Unit: $800,751

The buyers of the property are Slate Property Group and Alcion Ventures. The seller in this transaction is Heller Realty. The buyer's representatives in this deal include Helen Hwang and Karen from Meridian Capital Group.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Helen Hwang's profile picture
Helen Hwang
Meridian Capital Group-image
Senior Executive Managing Director
$1.7B Sold

Details

Deal Summary
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SOLD
IMAGE: David Schwartz, Helen Hwang, Martin Nussbaum, Karen Wiedenmann, Brian Szczapa, Ernie Nichols & Nicholas Dailey DATE: 08/15/2019 ADDRESS: 60 East 12th Street MARKET: Union Square ASSET TYPE: Multifamily Rental BUYER: @SlatePropertyGroup & Alcion Ventures SELLER: Heller Realty BUYER’S REP: @Meridian.Capital.Group – Helen Hwang, Karen […] PRICE: $106,500,000 SF: 116,000 PPSF: $918 UNITS: 133 PPU: $800,751

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Address60 East 12th Street

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