Deal sheet    Single Deal
44 East First Street|Sales|01/20/2011
  • Event Sales
  • Address 44 East First Street
  • Square feet 7,020
  • Price $ 2,430,000
  • Price per foot $ 346.15
  • Borough Manhattan
  • Neighborhood East Village
  • Publication Date 03/01/2011
  • Deal Date 01/20/2011
  • Party 1 44 East First St Realty Corp.
  • Party 1 Brokerage Besen & Associates
  • Party 1 Broker David Davidson
  • Party 2 Croman Real Estate
  • Party 2 Brokerage Besen & Associates
  • Party 2 Broker Glenn Raff
notes
The walk-up building sold for $2.43 million, or $346 per square foot. The price represents a capitalization rate of about 3.9 percent and a gross rent multiple of 18.1.
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