Peak Capital Acquires Mixed-Use Property In Sunnyside, Queens For $2.3M

This mixed-use property located at 46-15 48th Avenue in Sunnyside, Queens was sold for a transaction amount of $2,300,000. The asset comprises 6 units, leading to a price per unit of $383,333.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,300,000
• Units: 6
• Price Per Unit: $383,333
• Buyer: Peak Capital - Alex Rabin & David Gomez
• Seller: May Song
• Brokers: Lev Mavashev & Ben Normatov @Alpha_Realty_NY
• Sale Date: 04/23/2021

The buyers, Alex Rabin and David Gomez from Peak Capital, have noted that this acquisition marks their fifth purchase in the past five months, as they aim to expand their portfolio and focus on creating affordable luxury housing in Queens neighborhoods. They encourage interest from potential investors or sellers for future opportunities.