Jeffrey Pikus Acquires Multifamily Property In New York For $6.5M

The property involved in this transaction is a multifamily asset located at 210 1st Ave in New York. It has a total sale price of $6,485,000, comprising 22 units. The building encompasses 12,700 square feet, resulting in a price per unit of $294,772 and a price per square foot of $510.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,485,000
• Units: 22
• Square Footage: 12,700
• Price Per Unit: $294,772
• Price Per Square Foot: $510
• Buyer: Jeffrey Pikus
• Seller: Jovan Subotic
• Broker: Connie Pinilla - Compass

This transaction features significant participation from key individuals in the real estate industry. Jeffrey Pikus served as the buyer, while Jovan Subotic was the seller. The broker representing this deal was Connie Pinilla from Compass, facilitating the transaction between the involved parties.