Bosfa Properties Acquires Multifamily Property In Freeport For $17.5M

Located at 17 Buffalo Avenue in Freeport, this multifamily property was recently sold in a transaction facilitated by Bosfa Properties. The seller, Village Of Freeport, agreed to a sale price of $17,500,000. With a total of 200 units, the price per unit for this property was $87,500. The property spans across 166,000 square feet, resulting in a price per square foot of $105.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $17,500,000
• Units: 200
• Price Per Unit: $87,500
• Square Footage: 166,000
• Price Per Square Foot: $105

Bosfa Properties acted as the buyer in this deal, representing their client's interests. The transaction was successfully completed on 31st May 2023.