Yaniv Grinberg & Nathaniel Smith Brokered a Multifamily Property In Corona, Queens For $1.425M

The property asset involved in this transaction is a multifamily building located at 104-50 48th Avenue in the Corona neighborhood of Queens. The sale price of the property was $1,425,000, and it comprises 5 units. The total square footage of the building is 4,700, resulting in a price per unit of $285,000 and a price per square foot of $303.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,425,000
• Units: 5
• Square Footage: 4,700
• Price Per Unit: $285,000
• Price Per Square Foot: $303
• Seller: Konnie Rutman
• Broker Representing Seller: Yaniv Grinberg & Nathaniel Smith - Oxford Property Group

The transaction involved broker representatives Yaniv Grinberg and Nathaniel Smith from Oxford Property Group, who played a key role in facilitating the sale on behalf of the seller, Konnie Rutman. Their expertise in the market likely contributed to the successful completion of the deal in a competitive environment.