T 235 W 11th St LLC paid $7M to Wolff, Caroline

T 235 W 11Th St LLC paid Wolff, Caroline $7.3 million for 1 parcel, including the tax class four families (C3) and containing 4 residential units at 235 West 11 Street in West Village. The deal closed on July 22, 2019 and was recorded on July 30, 2019. The parcel(s) have total development potential of 6,069 square feet.
The average sale price per square foot is $1,485.
The estimated cap rate is 4.0%

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