SOLD
Standard Companies And Camber Property Group Acquire Multifamily Property In Midtown West For $40.3M
440 West 41st Street
MultiFamily
66,000 SF
66,000 SF
Summary
Sale
NEW YORK
MultiFamily
66,000 sqft
The multifamily property located at 440 West 41st Street in Midtown West has been sold for a total price of $40,300,000. The property consists of 109 units, with a price per unit of $369,724. The total square footage of the property is 66,000, with a price per square foot of $610.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $40,300,000
- Address: 440 West 41st Street
- Market: Midtown West
The buyers in this transaction are Standard Companies represented by Scott Alter and Jeffrey Jaeger, as well as Camber Property Group represented by Rick Gropper. The seller is Stabilis Capital Management. The buyer's representatives are Jeffrey Karp, Scott Dweck, and Brandon Thomas from Latitude Property Group. The seller's representatives are Dan Kaplan, Elli Klapper, and Justin Arz from CBRE.
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Agents
6
Agencies
2
Details
SOLD
IMAGE: Justin Arzi, Dan Kaplan, Elli Klapper, Scott Alter, Rick Gropper, Jeffrey Jaeger, Scott Dweck, Jeffrey Karp & Brandon Thomas
DATE: 05/06/2021
ADDRESS: 440 West 41st Street
MARKET: Midtown West
ASSET TYPE: Multifamily
BUYER: Standard Companies - Scott Alter & Jeffrey Jaeger, Camber Property Group - Rick Gropper
SELLER: Stabilis Capital Management
BUYER’S REP: Jeffrey Karp, Scott Dweck & Brandon Thomas - Latitude Property Group
SELLER’S REP: Dan Kaplan, Elli Klapper & Justin Arz - CBRE
SALE PRICE: $40,300,000
UNITS: 109 ~ PPU: $369,724
SF: 66,00 ~ PPSF: $610View on map
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Address440 West 41st Street
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