Israel Valentin Sells 16-Unit Multifamily Property In Queens For $2.6M

The multifamily property located at 18-12 Menahan Street in Queens has recently been sold. The property consists of 16 units with a total square footage of 13,600. The sale price for this transaction was $2,600,000, resulting in a per unit price of $162,500. The price per square foot of the property is approximately $191.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Address: 18-12 Menahan Street, Queens
• Units: 16
• Price per Unit: $162,500
• Square Footage: 13,600
• Price per Square Foot: $191

The sale was facilitated by Daniel Handweiler & Henry Grass from Raven Property Advisors, who represented the seller, Israel Valentin, in the transaction.