West Village 10-unit rental sells for $6.5M, $3M lower than 2013 sale price

Theodore Shine as signatory for the entity 48 Bedford, LLC paid Beethoven Pianos’s Ken Development LLC $6.5 million for 48 Bedford Street in West Village. The deal closed on March 31, 2021 and was recorded on April 15, 2021. The transaction consists of 1 parcel, including the tax class multifamily, old law tenements (C4) and containing 10 residential units. The property is 6,705 square feet. The parcel(s) have total development potential of 6,705 square feet.
The average sale price per square foot is $969.

The last time the property sold was September 24, 2013 for $9,500,000.
Direct link to Acris document. link