.avif)
Successful Sale of 453 East 83rd Street in the Upper East Side, Manhattan
Bob Knakal successfully arranged the sale of 453 East 83rd Street, a five-story multifamily walk-up building located in the sought-after Upper East Side. The property, featuring eight residential units across 2,046 square feet, was sold by Rose & Raymond Bellinger to CW Realty Group, represented by Michael Wittow and Cheskie Weisz, for $5,800,000—equating to $2,834.80 per square foot.
Walk-Up Building Sales - For the complete list click here Walk Up Buildings
Sale Details
Bob Knakal’s market expertise and client-focused strategy played a key role in connecting a high-net-worth seller with a forward-looking buyer, ensuring a seamless transaction.
- Sale Price: $5,800,000
- Property Type: Multifamily – Walk-Up
- Sale Date: September 14, 2017
- Building Size: 2,046 SF
- Price per SF: $2,834.80
- Units: 8
Property Details
Located on a prime block in the Upper East Side, 453 East 83rd Street offers a classic five-story walk-up with a mix of residential units. Its desirable location and efficient building layout made it a valuable acquisition for CW Realty Group.
- Full Address: 453 East 83rd Street, New York, NY 10028
- Property Type: Multifamily – Walk-Up
- Building Size: 2,046 SF
- Lot Size: 2,043 SF
- Stories: 5
- Units: 8
The Client: High-Net-Worth Sellers Transitioning Their Portfolio
Rose & Raymond Bellinger, long-time owners of the property, sought to divest from their portfolio. With Bob Knakal’s guidance, they were able to attract strong buyer interest, culminating in a successful sale to CW Realty Group.
Strategic Buyer Match: CW Realty Group
CW Realty Group, led by Michael Wittow and Cheskie Weisz, recognized the property’s value as a long-term investment in a prime residential neighborhood. Their ability to move quickly and close at a competitive price reflected their confidence in the property’s future appreciation.
Neighborhood Overview: Upper East Side
The Upper East Side remains one of Manhattan’s most prestigious and stable residential markets, offering:
- Proximity to Central Park and the East River promenade.
- Access to world-class cultural institutions like The Met.
- Excellent public transportation and nearby retail corridors.
Conclusion
The successful sale of 453 East 83rd Street highlights Bob Knakal’s ability to deliver optimal outcomes through targeted marketing and expert deal-making. This transaction further solidifies his reputation as a leading figure in Manhattan’s competitive real estate market.
Learn More About New York Real Estate
Explore our exclusive online magazine to discover remarkable New York real estate deals and Success Stories from the city and surrounding areas.
