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A 30-foot-wide, four-story loft building at 105 East 9th St. in Manhattan's East Village was sold by Massey Knakal Realty Services in a transaction valued at $4,400,000
Real Estate Weekly, Jan 2, 2008
A 30-foot-wide, four-story loft building at 105 East 9th St. in Manhattan's East Village was sold by Massey Knakal Realty Services in a transaction valued at $4,400,000. The transaction occurred at a capitalization rate of 5.78% and a gross rent multiple of 14.16. The property sold for $797.10 psf to a Manhattan investor.
Massey Knakal broker James Kinsey exclusively represented the seller with chairman Robert Knakai. Massey Knakal Realty Services was the sole broker in this transaction.
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