Paolo Mario Giacometti Sells Lenox Hill Multifamily For $15.5M

The multifamily property located at 5 East 63rd Street in Lenox Hill has been sold. The transaction took place on August 4, 2022, and was completed for a total price of $15,500,000. The property consists of 10 units, with each unit valued at approximately $1,550,000. The total square footage of the property is 11,875, resulting in a price per square foot of $1,305.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,500,000
• Units: 10
• Price per Unit: $1,550,000
• Square Footage: 11,875
• Price per Square Foot: $1,305
• Market: Lenox Hill

The seller of the property was Paolo Mario Giacometti.