Mike Pacifico Acquires Multi Family Property On Madison Street Queens For $2M
1709 Madison Street
MultiFamily
56,000 SF
56,000 SF
Sold 1 year ago
Summary
The multi-family property located at 1709 Madison Street in Queens, New York, was recently sold for $2,000,000. The property spans 5,600 square feet, resulting in a price per square foot of $357. The transaction involved two vacant apartments at the time of sale, offering potential for additional income.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $2,000,000
- Address: 1709 Madison Street, Queens, New York
- Market: Queens
- Square Footage: 5,600 sf
- Price per Square Foot: $357
- Seller: Richard McClain
- Buyer: Mike Pacifico
- Brokers: Tom Shihadeh, Shaun Riney of Marcus & Millichap
This transaction was facilitated by Tom Shihadeh and Shaun Riney of Marcus & Millichap, representing both the seller, Richard McClain, and the buyer, Mike Pacifico. Their expertise and guidance played a crucial role in closing this deal.
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1709 Madison Street
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