After a short market time, JN Realty Management Corp. sold the multifamily building at 381 E. 151st St. to Morton Glick of 381 East Realty LLC for $2.6 million, or approximately $86,700 per unit. The property sold at a cap rate of 7.88%.
After a short market time, JN Realty Management Corp. sold the multifamily building at 381 E. 151st St. to Morton Glick of 381 East Realty LLC for $2.6 million, or approximately $86,700 per unit. The property sold at a cap rate of 7.88%.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In