Alchemy Ventures pays $6M for 10-unit rental in East Village

Alchemy Ventures through the entity Keystone 340 East Ninth LLC paid Shimon Avadi and Itzhak Maman’s 340 E.9Th St. Property Inc. $6 million for 340 East 9th Street in East Village. The deal closed on February 5, 2021 and was recorded on March 11, 2021. The transaction consists of 1 parcel, including the tax class multifamily, old law tenements (C4) and containing 10 residential units. The property is 7,299 square feet. The parcel(s) have total development potential of 7,299 square feet.
The average sale price per square foot is $819.

The last time the property sold was April 13, 2004 for $1,471,400.
Direct link to Acris document. link
The signatory for the buyer or lender was Samuel Kooris