Robi Family Acquires Multifamily Property On Vyse Avenue In New York City For $1.4M

The multifamily property located at 1129 Vyse Avenue in New York City has been sold in a closed transaction. The property consists of 11 units, with a total area of 9,690 square feet. The sale price for this transaction was $1,400,000, resulting in a price per unit of $127,273 and a price per square foot of $144.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Address: 1129 Vyse Avenue
• Market: New York City
• Units: 11
• Price Per Unit: $127,273
• Square Feet: 9,690
• Price Per Square Foot: $144
• Seller: Louis Plevritis
• Buyer: Robi Family
• Brokers: Josef Gashaj, Michael Scrima & Thomas Gorman Jr. - Redwood Realty Advisors

The buyers in this transaction, the Robi Family, acquired the property from the seller, Louis Plevritis. The deal was facilitated by the brokers Josef Gashaj, Michael Scrima, and Thomas Gorman Jr. of Redwood Realty Advisors. This transaction showcases the ongoing activity in the New York City real estate market and the successful collaboration of the involved parties.