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New York & Tri-State  + New York + Uptown/Bronx  + Apartments  | 
Cushman & Wakefield arranged the $14.9-million sale of 240 E. 90th St, a multifamily building on Manhattan’s Upper East Side

Upper East Side Multifamily Fetches $15M

Cushman & Wakefield arranged the sale of 240 E. 90th St, a 25-unit multifamily building on Manhattan’s Upper East Side. The final sale price was $14,900,000.  
 
A Cushman & Wakefield team of Andrew Berry, Brett Weisblum and Charlie Gravina represented the seller, Alan Sackman of Sackman Enterprises. The buyer was Amir Shriki of AYA New York.  
 
“240 E.90th St. was an excellent value-add opportunity for an investor to acquire a fully free-market building in the coveted Upper East Side neighborhood of Manhattan from long-term ownership,” said Berry. “We saw significant interest in this asset and received multiple offers from a wide range of investors. This was a great win for both the seller and purchaser.” 
 
240 E. 90th is a seven-story residential asset with two studios, two one-bedroom, 19 two-bedroom and two three-bedroom units. Units feature large layouts and natural light with elevator and laundry access in the building. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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