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Robert White Acquires Multifamily Property In Upper West Side For $18.65M

308 West 82nd Street
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This MultiFamily property located in NY was sold for $18,650,000 over 4 years ago. The brokers of the deal were Vickram Jambu, Jonathan Braun, George Steffani, Chris Varjan, and Ben Carlos Thypin

Located in the prestigious Upper West Side market, the multifamily property at 308 W 82nd Street has witnessed a successful transaction. Larry Fabian, the seller, closed the deal with Robert White, the buyer. The property spans across 25,000 square feet and consists of 49 units, with each unit being sold at an impressive price per unit (PPU) of $380,612. The total sale price amounted to $18,650,000, slightly below the initial asking price of $20,000,000. This translates to a price per square foot (PPSF) of $746.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $18,650,000
  • Address: 308 W 82nd Street
  • Market: Upper West Side
  • Total Square Feet: 25,000
  • Price per Square Foot (PPSF): $746
  • Number of Units: 49
  • Price per Unit (PPU): $380,612

The transaction involved the expertise of several brokers, including Chris Varjan, Vickram Jambu, George Steffani, and Jonathan Braun. These professionals played a crucial role in facilitating the smooth negotiation process between Larry Fabian and Robert White.

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Deals
  • Location
    308 W 82nd St, New York, NY 10024, USA308 W 82nd St, New York, NY 10024, USA
  • Sale Price
    $18,650,000$18,650,000
    $746 PPSF$746 PPSF
  • Area
    25,000 SF25,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    5 Brokers, 3 Agencies5 Brokers, 3 Agencies

Agents

Vickram Jambu

Vickram Jambu

Deals20
Financed$601.9M

George Steffani

George Steffani

Deals20
Financed$271.5M

Chris Varjan

Chris Varjan

Deals25
Financed$400.8M

Jonathan Braun

Jonathan Braun

Deals20
Financed$271.5M

Agencies

JLL

JLL

Agency
Deals5591
Volume$332.6B

Lee & Associates

Lee & Associates

Agency
Deals974
Volume$10B

Quantierra

Quantierra

Agency
Deals14
Volume$200.7M

Deal Summary

IMAGE: Vickram Jambu, Chris Varjan, Jonathan Braun, George Steffani DATE: 11/06/2019 ? ADDRESS: 308 W 82nd Street MARKET: Upper West Side ASSET TYPE: Multifamily SELLER: Larry Fabian BUYER: Robert White BROKERS: Chris Varjan (@cvar23), Vickram Jambu (@VickramJambu), George Steffani, Jonathan Braun […] ASKING PRICE: $20,000,000 SALE PRICE: $18,650,000 SF: 25,000 PPSF: $746 UNITS: 49 PPU: $380,612

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308 West 82nd Street

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