Lahita Singh Acquires 6-Unit Multifamily In Ridgewood, Queens For $1.32M

1667 Palmetto Street, located in Ridgewood, Queens, has been sold in a closed transaction. This multifamily property, consisting of 6 units, was purchased by Lahita Singh from the seller Harold Paez. The sale was facilitated by Matt Fotis and Danzel Williams of Marcus & Millichap. The property was sold for a price of $1,325,000, resulting in a per unit price of $220,833. The total square footage of the property is 5,610, with a price per square foot of $236.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,325,000
• Units: 6
• Price per Unit: $220,833
• Square Footage: 5,610
• Price per Square Foot: $236

The sale of 1667 Palmetto Street was brokered by Matt Fotis and Danzel Williams from Marcus & Millichap. Their expertise and negotiation skills played a crucial role in finalizing the deal between Lahita Singh and Harold Paez. This successful transaction highlights the significance of a knowledgeable and experienced brokerage team in the real estate industry.