Nathan Benelyahou Purchases Multifamily Property At 544 West 49th Street For $2,000,000.
Nathan Benelyahou Purchases Multifamily Property At 544 West 49th Street For $2,000,000. The property asset involved in the transaction is a multi-familybuilding located at 544 West 49th Street in Hell's Kitchen. The sale price for this asset was $2,000,000. It contains 20 units, with a price per unit of $100,000. The total square footage of the building is 8,800 square feet, translating to a price per square foot of $227.
Summary of transaction details:
Property Type: Multifamily
Transaction Amount: $2,000,000
Units: 20
Price Per Unit: $100,000
Square Footage: 8,800
Price Per Square Foot: $227
Buyer: Nathan Benelyahou
Seller: BH3 Management
Broker: Jay Bernstein - Besen Partners
In this transaction, Nathan Benelyahou acted as the buyer while BH3 Management was the seller. The brokerage firm involved in the deal was Besen Partners, represented by broker Jay Bernstein.
