**Atlas Capital Group Acquires 130-Unit Multifamily Property in Manhattan’s East Village**
Atlas Capital Group has acquired 250 East Houston Street, a recently renovated Class A multifamily property located in Manhattan’s vibrant East Village neighborhood. The seller and purchase price were not disclosed.
The 13-story property spans approximately 100,000 square feet and includes 130 residential units, along with 9,000 square feet of ground-floor commercial space. Designed with contemporary finishes, the building features upscale interiors, and approximately 75% of the residences include private balconies.
The transaction was brokered by JLL, with Rob Hinckley and Jeff Julien leading the deal. The property enjoys convenient access to several major subway lines, including the B, D, F, M, J, and Z trains, and is situated near the East River Esplanade.
This acquisition is part of a broader wave of activity by Atlas Capital Group in New York City. The firm recently made preferred equity investments in the acquisition and pre-development of 175 Third Street and 205 Montague Street in Brooklyn. In addition, Atlas is co-developing two Manhattan projects: a luxury condominium development at 80 Clarkson Street in the West Village, and a senior affordable housing project at 570 Washington Street.
