Jay Krigsman Purchases Multifamily Property From Shimon Mazar For $5.8 Million In Lauderhill

The transaction involves a multifamily asset located at 2561 Northwest 56th Avenue in Lauderhill. It consists of 36 units and spans a total square footage of 33,246. The property was sold for $5,800,000, which translates to a price per unit of $161,111 and a price per square foot of $174.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $5,800,000
• Units: 36
• Square Footage: 33,246
• Price Per Unit: $161,111
• Price Per Square Foot: $174
• Buyer: Jay Krigsman
• Seller: Shimon Mazar
• Brokers: Erik Leon & Gabriel Pena - Matthews

Erik Leon and Gabriel Pena represented the transaction as the brokers from Matthews. They played a crucial role in facilitating the deal between the buyer, Jay Krigsman, and the seller, Shimon Mazar, ensuring all aspects of the transaction were managed effectively.