Brown Harris Stevens Represents Buyer In $4.6M Multifamily Sale On Montrose Avenue

A multifamily property located at 169 Montrose Avenue in New York City has been sold for $4,585,000. The property consists of 5 units with an average price per unit of $917,000. The total square footage of the property is 3,900, resulting in a price per square foot of $1,176.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,585,000
• Address: 169 Montrose Avenue
• Market: New York City
• Units: 5
• Price per Unit: $917,000
• Square Footage: 3,900
• Price per Square Foot: $1,176

Ari Harkov from Brown Harris Stevens represented the buyer in this transaction, while Derek Bestreich, Luke Sproviero, Donal Flaherty, and Justin Zeitchik from Investment Property Realty Group (IPRG) served as the seller's representatives.