Zaber Rayan Purchases Richmond Hill Multifamily From Eric Benaim For $4.316M

The property asset involved in this transaction is a MultiFamily asset located at 118-16 91st Avenue in the Richmond Hill market. The sale price for this asset was $4,316,000, which encompasses 30 units. The total square footage of the property is 21,000, resulting in a price per unit of $143,866 and a price per square foot of $205.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $4,316,000
• Address: 118-16 91st Avenue
• Market: Richmond Hill
• Units: 30
• Square Feet: 21,000
• Price Per Unit: $143,866
• Price Per Square Foot: $205
• Buyer: Zaber Rayan
• Seller: Eric Benaim - Benaim X Partners
• Broker: Evan Daniel - Modern Spaces

This transaction involved key individuals, with Zaber Rayan representing the buyer's side and Eric Benaim from Benaim X Partners representing the seller. Broker Evan Daniel from Modern Spaces facilitated the sale.