Maddalena Fasano & Jaswinder Ghotra Purchase Multifamily Asset From Seeraj Latchman & Saira Latchman For $2.525M

The property asset involved in this transaction is a multifamily building located at 101-66 125th Street in the South Richmond Hill market. The transaction was executed for a sale price of $2,525,000, encompassing a total of 16 units. The total square footage of the property is 11,500, resulting in a price per unit of $157,812 and a price per square foot of $219.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,525,000
• Units: 16
• Square Footage: 11,500
• Price Per Unit: $157,812
• Price Per Square Foot: $219
• Buyer: Maddalena Fasano & Jaswinder Ghotra
• Seller: Seeraj Latchman & Saira Latchman
• Broker: Matthew Barbaccia - Brix Real Estate Advisors

This transaction involved buyers Maddalena Fasano and Jaswinder Ghotra purchasing the property from sellers Seeraj Latchman and Saira Latchman. The brokerage firm Brix Real Estate Advisors was represented by Matthew Barbaccia in facilitating this deal.