Tuli Steuer Acquires Multifamily Asset From Chris Yegen In West New York For $4.35M

The asset involved in this transaction is a multifamily property located at 533 67th Street in West New York. The sale price of the property was $4,350,000, and it includes a total of 32 units, demonstrating a cap rate of 5.7%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,350,000
• Address: 533 67th Street
• Market: West New York
• Units: 32
• Cap Rate: 5.7%
• Buyer: Tuli Steuer
• Seller: Chris Yegen
• Broker: David Ferber - Matthews

This transaction involved Tuli Steuer as the buyer and Chris Yegen as the seller. David Ferber from Matthews represented the seller in this deal, facilitating the transaction between the two parties.