Mendel Kaff Acquires Multifamily Property In Soundview For $4.7M

The multifamily property located at 1466-1472 Watson Ave. in Soundview was recently sold for $4,700,000. The property spans a total of 52,800 square feet, resulting in a price per square foot of $89. The sale was completed on December 16, 2020, and the buyer was Mendel Kaff. The seller in this transaction was Related Companies.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,700,000
• Address: 1466-1472 Watson Ave.
• Market: Soundview
• Asset Type: Multifamily
• Zoning: R6

Seth Blau, Stephen Ross, and Jeff Blau were the individuals associated with the property transaction, as depicted in the accompanying image. They represent the seller, Related Companies, in the deal.