Sani Group has bought three Manhattan multifamily properties for a total of $50.5 million from Page Management.
The amount of units the firm is acquiring amounts to a collective 100. The bulk comes from 300 West 12th Street (53), followed by 240 West 15th Street (35), and 5 Jones Street in West Village and Chelsea (12).
The sale price and measurements are as follows:
- 300 West 12th: $26.5 million, and 34,872 square feet
- 240 West 15th: $17 million, and 23,112 square feet
- 5 Jones: $7 million, 10,500 square feet
Avison Young arranged the sale for Page Management and represented Sani.
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