A two-unit brick-front multifamily home located at 731 Lake Avenue in Lyndhurst has been sold for $1.2 million. Each unit is priced at $600,000. The property, built in 2003, features modern kitchens, a master suite with a balcony, and a large yard, and is conveniently located near NYC transit and major highways.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Units: 2
• Price Per Unit: $600,000
• Buyer's Representative: Grazyna Torbus - Royal Crown Realty, Inc
• Seller's Representative: Diane Obeji - Coldwell Banker
• Transaction Date: 09/26/2024

The transaction was facilitated by Grazyna Torbus from Royal Crown Realty, Inc., representing the buyer, while the seller was represented by Diane Obeji from Coldwell Banker. The deal involved the exchange of a well-located multifamily asset in a growing market area.