SOLD
Eugene Asset Management Acquires Multifamily Property On Upper West Side For $266M
255 West 94th Street
MultiFamily
284,000 SF
284,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
284,000 sqft
Eugene Asset Management has acquired a multifamily property located at 255 West 94th Street on the Upper West Side. The transaction was facilitated by brokers Adam Spies, Doug Harmon, and Marcella Fasulo from Cushman & Wakefield. The property consists of 285 units, with a sale price of $266,000,000, resulting in a per unit price of $933,333. The total square footage of the property is 307,500, leading to a price per square foot of $865.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $266,000,000
- Address: 255 West 94th Street, Upper West Side
- Market: Upper West Side
The acquisition was completed by Eugene Asset Management, with the assistance of brokers Adam Spies, Doug Harmon, and Marcella Fasulo from Cushman & Wakefield. The property offers 285 units and spans over a total of 307,500 square feet, making it an attractive investment opportunity within the Upper West Side market.
Players
All
8
Agents
5
Agencies
2
Lenders
1
Details
SOLD
IMAGE: Doug Harmon, Adam Spies & Marcella Fasulo
DATE: 04/27/2022
ADDRESS: 255 West 94th Street
MARKET: Upper West Side
ASSET TYPE: Multifamily
BUYER: Eugene Asset Management
SELLER: Related Companies
BROKERS: Adam Spies, Doug Harmon & Marcella Fasulo (@MMFasulo) - Cushman & Wakefield (@CushWake)
SALE PRICE: $266,000,000
UNITS: 285 ~ PPU: $933,333
SF: 307,500 ~ PPSF: $865View on map
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Address255 West 94th Street
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