@Isra_Properties_Inc Acquires Multifamily Property In South Ozone From Bruce Chester

Ragib Bhuiya from MyCatchyUserName shared an image of a property located at 133-06 122nd Street in the South Ozone market. The property is a multifamily asset with a zoning classification of R3-2.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Address: 133-06 122nd Street
• Market: South Ozone
• Buyer: Isra_Properties_Inc
• Seller: Bruce Chester
• Broker: Ragib Bhuiya from ParkAssets
• BSF: 2,800
• PPBSF: $535
• Lot Size: 80x100 Double lot

The transaction took place on 09/24/2020. Ragib Bhuiya from ParkAssets represented the buyer and successfully sold the property for the full asking price of $1,500,000 in cash, despite the challenges posed by the pandemic. This deal serves as an example of how empathy and demonstrating value to both the buyer and the seller can lead to a successful transaction. Despite facing ups and downs, the experience gained from this listing has provided valuable strategies for helping Wakefield/Richmond Hill homeowners maximize the value of their land. Ragib Bhuiya looks forward to future collaborations.