Jay Shirodka Purchases Multifamily Asset From Mayank Chadha For $2,550,000 In Fort Lauderdale

The transaction involved a multifamily property located at 842 Northwest 1st Avenue & 848 Northwest 2nd Avenue in the Fort Lauderdale market. The sale price was $2,550,000, encompassing a total of 13 units within a square footage of 6,689, which calculates to a price per unit of $196,154 and a price per square foot of $381.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,550,000
• Units: 13
• Square Footage: 6,689
• Price Per Unit: $196,154
• Price Per Square Foot: $381
• Buyer: Jay Shirodka
• Seller: Mayank Chadha
• Broker: Elior Levi - Fausto Commercial Realty Consultants

This deal highlights the engagement between Jay Shirodka as the buyer and Mayank Chadha as the seller, with Elior Levi serving as the broker representing the transaction. The broker's involvement demonstrates the professional coordination needed in multifamily property transactions.