The Harkham Family Acquires Multifamily Building In Washington Heights For $26.75M | 555 Edgecombe Avenue | Joseph (Joe) Koicim, Seth Glasser, Jacob (Jake) Kahn | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

167,948 sqft

Located in Washington Heights, Manhattan, the multifamily property at 555 Edgecombe Ave. has recently been sold for a total of $26,750,000. The property consists of 128 units, with an average price per unit of $208,984. The total square footage of the property is 168,000, resulting in a price per square foot of $159.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $26,750,000
Address: 555 Edgecombe Ave.
Market: Washington Heights, Manhattan

The buyer of the property is The Harkham Family. The sale was facilitated by the brokers Seth Glasser, Joe Koicim, and Jake Kahn of Marcus & Millichap.

Players

All
4

Agents
3
Agencies
1

Joseph (Joe) Koicim

Senior Managing Director

$2B Sold

Seth Glasser

Licensed Associate Real Estate Broker

$891.9M Sold

Jacob (Jake) Kahn

Salesperson

$257.1M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Joe Koicim, Seth Glasser & Jake Kahn DATE: 04/20/2022 ADDRESS: 555 Edgecombe Ave. MARKET: Washington Heights, Manhattan ASSET TYPE: Multifamily BUYER: The Harkham Family BROKERS: Seth Glasser (@SethGlasser1), Joe Koicim (@Joey1CAP) & Jake Kahn - Marcus & Millichap (@MarcusMillichap_NY) SALE PRICE: $26,750,000 UNITS: 128 ~ PPU: $208,984 SF: 168,000 ~ PPSF: $159

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Address555 Edgecombe Avenue

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