A&E Real Estate Acquires Multifamily Asset For $415M On Upper West Side

Summary

Sale

NEW YORK

MultiFamily

12,000 sqft

A multifamily property located at 160 Riverside Boulevard in the Upper West Side has been sold for a total price of $415,000,000. The property consists of 455 units, with an average price per unit of $912,087.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $415,000,000
Date: 07/15/2022
Address: 160 Riverside Boulevard
Market: Upper West Side

The buyer of the property is A&E Real Estate, represented by Douglas Eisenberg. The seller, Equity Residential, was represented by Sam Zell. The deal was facilitated by brokers Darcy Stacom and Ryan Silber from CBRE.

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Players

All
4

Agents
2
Agencies
1
Lenders
1

$1B Sold

$8.2B Sold

Details

Deal Summary

SOLD

IMAGE: Ryan Silber, Sam Zell, Douglas Eisenberg & Darcy Stacom DATE: 07/15/2022 ADDRESS: 160 Riverside Boulevard MARKET: Upper West Side ASSET TYPE: Multifamily BUYER: A&E Real Estate (@AE.RealEstate) - Douglas Eisenberg SELLER: Equity Residential - Sam Zell BROKERS: Darcy Stacom & Ryan Silber - CBRE (@CBRE) SALE PRICE: $415,000,000 UNITS: 455 ~ PPU: $912,087

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Address160 Riverside Boulevard

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A&amp;E Real Estate Acquires Multifamily Asset For $415M On Upper West Side