Greyhill Group Acquires Multifamily Property In Ballston Spa For $3.55M

A multifamily property located at 11 Ashdown Road in Ballston Spa has been sold on 10/01/2021. The property, consisting of 30 units with a total square footage of 22,500, was sold for a price of $3,550,000. The sale price per unit was $118,333, and the price per square foot was $157. Moshe Bloorian, representing Greyhill Group, was the buyer, while Bill Eichengrun was the seller. The transaction was facilitated by Chip Collins from Marcus & Millichap.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,550,000
• Units: 30
• Price Per Unit: $118,333
• Square Footage: 22,500
• Price Per Square Foot: $157
• Buyer: Greyhill Group - Moshe Bloorian
• Seller: Bill Eichengrun
• Broker: Chip Collins - Marcus & Millichap

Moshe Bloorian, representing Greyhill Group, made the purchase for the multifamily property located at 11 Ashdown Road in Ballston Spa. The seller in this transaction was Bill Eichengrun. Chip Collins, from Marcus & Millichap, acted as the broker facilitating the deal. The transaction occurred for a sale price of $3,550,000, with the property consisting of 30 units and a total square footage of 22,500. This successful transaction showcases the expertise and collaboration of all parties involved in the deal.