Derby Copeland Capital Acquires Alphabet City Multifamily For $64M

58-72 Avenue A

MultiFamily

79,956 SF

Sold 1 year ago

Summary

Sale

NEW YORK

MultiFamily

79,956 sqft

The multifamily property located at 58-72 Avenue A in Alphabet City has been sold for a total price of $64,000,000. The property consists of 76 units, with an average price per unit of $842,105. The total square footage of the property is 79,956, with a price per square foot of $800.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $64,000,000
Address: 58-72 Avenue A
Market: Alphabet City

Derby Copeland Capital, represented by Jesse Hutcher, has acquired the property from Janet Zinberg and Joel Zinberg.

Details

Deal Summary

SOLD

IMAGE: 09/12/2022 ADDRESS: 58-72 Avenue A MARKET: Alphabet City ASSET TYPE: Multifamily BUYER: Derby Copeland Capital - Jesse Hutcher SELLER: Janet Zinberg & Joel Zinberg SALE PRICE: $64,000,000 UNITS: 76 ~ PPU: $842,105 SF: 79,956 ~ PPSF: $800

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Address58-72 Avenue A

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