Nishi Reddy Acquires Multifamily Property On W 23rd Street In University Park For $2.1M

Jordan Asheghian from @instayord, and Sean Rosenzweig from @sean_rosenzweig, were the brokers involved in the sale of a multifamily property located at 1025 W 23rd Street, in University Park. The transaction took place on October 22, 2019, and the property was sold for a total of $2,104,000. The property spans 5,084 square feet, with a price per square foot of $413.85. It consists of 8 units, with a price per unit of $263,000. The buyer of the property was Nishi Reddy, and the seller was Mayer Capital.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,104,000
• Address: 1025 W 23rd Street
• Market: University Park
• Brokers: Jordan Asheghian - @instayord, Sean Rosenzweig - @sean_rosenzweig
• Square Footage: 5,084 sqft
• Price per Square Foot: $413.85
• Units: 8
• Price per Unit: $263,000

Nishi Reddy acquired the multifamily property located at 1025 W 23rd Street from Mayer Capital with the assistance of brokers Jordan Asheghian from @instayord, and Sean Rosenzweig from @sean_rosenzweig. The deal was closed on October 22, 2019. The property offers 8 units with a total of 5,084 square feet, translating to a price per square foot of $413.85. The transaction amount for the property was $2,104,000, resulting in a price per unit of $263,000.