Located in the vibrant neighborhood of Rego Park, this package deal transaction involved the sale of two properties at 63-44 & 63-52 Saunders St. and 66-55 Booth St. The deal included 34 apartments and 14 commercial units, making it a desirable investment opportunity.

Summary of transaction details

• Property Type: Package Deal (34 Apartments & 14 Commercial Units)
• Transaction Amount: $7,100,000
• Date: 03/04/2022
• Market: Rego Park
• SF: 26,029
• PPSF: $272

The seller of this property was The Kaufmann Family, who enlisted the services of Ben Normatov and Lev Mavashev from Alpha Realty to represent them in the transaction. This deal was made possible through a referral from Rubin Isak and Lev Kimyagarov of Development Site Advisors, a specialized agency focusing on development sites in NYC. The collaboration between the buyer, seller, and the brokerage teams involved resulted in a successful deal.

Congratulations to both the buyer and seller on a mutually beneficial transaction. The sale of this package deal reflects the strength and potential of the real estate market in Rego Park, and the parties involved can look forward to the promising future of their respective investments.