Mike Sour Purchases MultiFamily Property From David Nazarian For $1,950,000 In West New York

The property asset involved in this transaction is a multifamily unit located at 6216 Madison Avenue, situated in the West New York market. The transaction was completed for a price of $1,950,000.00, with the building encompassing a total of 7,500 square feet.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $1,950,000.00
• Address: 6216 Madison Avenue
• Market: West New York
• Square Footage: 7,500.0 SF
• Buyer: Mike Sour
• Seller: David Nazarian
• Brokers: Steven Matovski (Redwood Realty Advisors)

The deal involved Mike Sour as the buyer and David Nazarian as the seller. Representing the transaction was broker Steven Matovski from Redwood Realty Advisors, who facilitated the deal's negotiation and execution.