Saqif Noor Purchase Multifamily Property On Yonkers Ave. For $4.35M

The property involved in this transaction is a multifamily asset located at 1179 Yonkers Ave. in Yonkers, New York. It was sold for $4,350,000, comprising 21,603 BSF and 10,000 SF, resulting in a PPBSF of $201 and a PPSF of $435. The building includes 22 units, with a price per unit (PPU) of $197,727. The last sale of the property was recorded at $4,030,000 in October 2014.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,350,000
• Address: 1179 Yonkers Ave.
• Market: Yonkers, New York
• BSF: 21,603
• PPBSF: $201
• SF: 10,000
• PPSF: $435
• Units: 22
• PPU: $197,727
• Last Sale: $4,030,000 (10/2014)

The buyer of the property is Saqif Noor, while Michael Scrima and Thomas Gorman, Jr. from Redwood Realty Advisors acted as representatives in this transaction. Their involvement reflects the brokerage sector's continued activity in the Yonkers market.