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Lockhill Properties Acquires Multifamily Property In Manhattan For $5.65M

627 East 6th Street
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This MultiFamily property located in NY was sold for $5,650,000 almost 2 years ago. The broker of the deal was Brandon Polakoff

Located at 627 E. 6th St. in Manhattan, this multifamily property was recently sold in a transaction led by Brandon Polakoff from Avison Young. The property was sold by Frank Pizzaia and Mariann Pizzaia to Lockhill Properties represented by Parke Leatherman. The sale price for this property was $5,650,000, with a total square footage of 7,410. This amounts to a price per square foot of $762.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,650,000
  • Address: 627 E. 6th St., Manhattan
  • Market: Manhattan

Brandon Polakoff, representing Avison Young, played a crucial role in the successful completion of this transaction. The buyer, Lockhill Properties, was represented by Parke Leatherman. With a sales price of $5,650,000, this deal marks a significant milestone in the Manhattan property market. The property offers a total square footage of 7,410, making it an attractive investment opportunity.

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Deals
  • Location
    627 East 6th Street, New York City, New York 10009, United States627 East 6th Street, New York City, New York 10009, United States
  • Sale Price
    $5,650,000$5,650,000
    $762 PPSF$762 PPSF
  • Area
    7,410 SF7,410 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Brandon Polakoff

Brandon Polakoff

Deals79
Financed$1B

Agency

Avison Young

Avison Young

Agency
Deals808
Volume$17B

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Deal Summary

SALE IMAGE: Brandon Polakoff & Parke Leatherman DATE: 04/01/2022 ADDRESS: 627 E. 6th St. MARKET: Manhattan ASSET TYPE: Multifamily BUYER: Lockhill Properties - Parke Leatherman SELLER: Frank Pizzaia & Mariann Pizzaia BROKER: Brandon Polakoff - Avison Young SALE PRICE: $5,650,000 SF: 7,410 ~ PPSF: $762

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627 East 6th Street

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