44th Drive Realty LLC Acquires Multifamily Property On 11-38 44th Drive, New York City For $2.75M

Located at 11-38 44th Drive in New York City, this multifamily property has been sold in a recent transaction. The property consists of 17 units spread over a total of 10,644 square feet. The sale price for this transaction was $2,750,000, resulting in a price per unit of $161,765 and a price per square foot of $258.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,750,000
• Date: 09/20/2022
• Address: 11-38 44th Drive, New York City
• Units: 17
• PPU: $161,765
• SF: 10,644
• PPSF: $258
• Buyer: 44th Drive Realty LLC
• Seller: 85th Street Realty Group LLC
• Buyer's Rep: Andreas Kambanis - The Bouklis Group
• Seller's Rep: Mario Tsikis - Citi Zone Realty

The buyer in this transaction is 44th Drive Realty LLC, represented by Andreas Kambanis from The Bouklis Group. On the other hand, the seller, 85th Street Realty Group LLC, was represented by Mario Tsikis from Citi Zone Realty.