$13.5 million S.F. multifamily sale

Asset a mix of residential, commercial space

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Investors Stephen and George Block have sold a 56-unit apartment building plus commercial space to a limited liability company for $13.5 million. Trophy Properties LLC purchased the space, which is located at 701 Taylor St., at a price of $228,814 per unit. The multifamily building consists of 34,589 rentable square feet on an approximately 0.2-acre lot. The building features 43 studio units, 13 one-bedroom/one-bath units and three ground-floor commercial units. ...