REDA Holdings pays $21.5M to Orbach Group for property in the Upper West Side

REDA Holdings through the entity Reda 104 LLC paid Orbach Group’s 63 West 104Th Street Owner LLC $21.5 million for 63 West 104th Street in the Upper West Side. The deal closed on December 30, 2020 and was recorded on January 14, 2021. The transaction consists of 1 parcel, including the tax class multifamily, fireproof (standard construction without stores) (D3) and containing 34 residential units. The property is 26,013 square feet.
The sale price per unit is $632,353.

The signatory for REDA was Julian Kiguel. The contract date was December 30, 2020, the same as the sale date. The last time the property sold was October 25, 2017 for $8,000,000.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $19,000.

Direct link to Acris document. link
The signatory for the buyer or lender was Julian Kiguel