Orbach sells another set of Upper West Side apartment buildings
Four Winds Real Estate is buying 4-6 and 8-10 West 108th Street for $22M
Meyer Orbach isn’t finished selling on the Upper West Side yet.
Orbach’s latest deal in the neighborhood is for 4-6 and 8-10 West 108th Street, which he is selling to David Schneiderman’s Four Winds Real Estate for $22.1 million, according to sources familiar with the transaction.
The properties are contiguous six-story walkup apartment buildings located right by Central Park. They have a total of 48 units and span 41,940 square feet combined. Orbach purchased them in 2013 for $12.25 million.
The deal was brokered by Aaron Jungreis and Ben Khakshoor from Rosewood Realty, who declined to comment on the transaction, and by Hall Oster and Bob Knakal from JLL.
Jason Krane of Ackman-Ziff arranged financing for the acquisition.
Four Winds and Orbach did not respond to requests for comment.
Orbach has been on a selling spree on the Upper West Side throughout much of the year. His previous deals include selling a five-building portfolio on Manhattan Avenue and West 108th Street for $57 million to Quality Capital USA, selling 204 West 108th Street to Arkar Inc. for $32.5 million and selling four buildings on West 107th Street to Isaac Kassirer for $116 million.