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

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SOLD
$1,325,000

New York

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MultiFamily5,610 SF
Sold 03/01/2022
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SOLD

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

1667 Palmetto Street, Queens, New York 11385, United States

See Similar Deals
MultiFamily5,610 SF
Sold 03/01/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$236
Total Square Footage:5,610 SF
Transaction Type:Sale

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.

Players

Matt Fotis
111 deals$598M volume(212) 430-5234
BROKER

Danzel Williams
Marcus & Millichap
7 deals$14.8M volume
BROKER

Details

SOLD
IMAGE: Matt Fotis & Danzel Williams DATE: 03/01/2022 ADDRESS: 1667 Palmetto Street MARKET: Ridgewood, Queens ASSET TYPE: Multifamily BUYER: Lahita Singh SELLER: Harold Paez BROKER: Matt Fotis (@FotisMatt) & Danzel Williams - Marcus & Millichap (@TriboroughMultifamily) SALE PRICE: $1,325,000 UNITS: 6 ~ PPU: $220,833 SF: 5,610 ~ PPSF: $236

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