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A&E Real Estate Acquires Multifamily Asset On Upper West Side For $266M

140 Riverside Boulevard
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This MultiFamily property located in NY was sold for $266,000,000 almost 2 years ago. The brokers of the deal were Ryan Silber and Darcy Stacom

Located in the Upper West Side market, the multifamily property at 140 Riverside Boulevard has been successfully sold. The transaction was carried out by A&E Real Estate, a buyer, and Equity Residential, the seller. The deal was facilitated by the brokers Darcy Stacom and Ryan Silber. The property consists of 354 units, with each unit being sold at an average price of $751,412. The total sale price for the property amounted to $266,000,000.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $266,000,000
  • Address: 140 Riverside Boulevard, Upper West Side
  • Buyer: A&E Real Estate
  • Seller: Equity Residential
  • Brokers: Darcy Stacom (Representing A&E Real Estate) & Ryan Silber (Representing Equity Residential)
  • Units: 354
  • Price Per Unit: $751,412

Darcy Stacom, representing A&E Real Estate, and Ryan Silber, representing Equity Residential, played crucial roles in ensuring the success of this transaction. Their expertise and efforts made the deal possible, providing a valuable asset for both the buyer and the seller.

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Deals
  • Location
    140 Riverside Boulevard, New York City, New York 10069, United States140 Riverside Boulevard, New York City, New York 10069, United States
  • Sale Price
    $266,000,000$266,000,000
    $723 PPSF$723 PPSF
  • Area
    367,786 SF367,786 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Ryan Silber

Ryan Silber

Deals6
Sold$1B

Darcy Stacom

Darcy Stacom

Deals27
Sold$8.2B

Agency

CBRE

CBRE

Agency
Deals4231
Volume$184.3B

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Deal Summary

SALE IMAGE: Ryan Silber & Darcy Stacom DATE: 04/09/2022 ADDRESS: 140 Riverside Boulevard MARKET: Upper West Side ASSET TYPE: Multifamily BUYER: A&E Real Estate SELLER: Equity Residential BROKERS: Darcy Stacom & Ryan Silber SALE PRICE: $266,000,000 UNITS: 354 ~ PPU: $751,412

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140 Riverside Boulevard

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