200-E-11th-St-NYC

HFF Brokers Sale, Financing for 54-Unit Apartment Building in Manhattan

by Amy Works

NEW YORK CITY — HFF has arranged the $57 million sale of an apartment building located at 200 E. 11th St. in Manhattan’s East Village. Benchmark Real Estate Group sold the 54-unit property to Shorenstein Co. The 12-story, 53,000-square-foot building features a mix of one-, two- and three-bedroom layouts, a rooftop deck and an amenity building with a gym, lobby and yoga studio. Jeff Julien, Rob Hinckley and Steven Rutman of HFF represented the seller and procured the buyer.

Additionally, Geoff Goldstein, Scott Aiese and Rory Shepard of HFF arranged $31 million in acquisition financing for the buyer.

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