GDF Properties Acquires Multifamily Property In Hollywood For $3.7M

In a closed transaction on June 30, 2020, a multifamily property located at 2312 Madison St in Hollywood was sold. The property spans across 22,705 square feet with a price per square foot of $162.96. It consists of 38 units, resulting in a price per unit of $97,368. The transaction was completed for a total price of $3,700,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,700,000
• Address: 2312 Madison St
• Market: Hollywood

The buyer in this transaction was GDF Properties, while the seller was Doel Investments. The deal was facilitated by brokers Moshe Biton and Lena Zubkova.