A multifamily property located at 143-30 Sanford Avenue in Flushing, Queens, was sold for $3,080,000. The asset comprises an 80-unit elevator building with a total square footage of 59,231 and a calculated price per unit of $38,500. The building also has a building square footage of 66,000, translating to a price per building square foot of $47.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,080,000
• Units: 80
• Building Square Feet: 66,000
• Price per Unit: $38,500
• Price per Building Square Foot: $47
• Square Feet: 59,231
• Price per Square Foot: $52
• Buyer: Lev Wolkowicki
• Seller: Vincent Garofalo
• Market: Flushing, Queens

Lev Wolkowicki, through Sanford Realty Management LLC, acquired the property in a bankruptcy sale and secured financing through a loan of $6,100,000 from Hirshmark Capital.