Nathan Herman Acquires Multifamily Property On Garfield Street In Yonkers For $1.1M

The multifamily property located at 2, 4 & 6 Garfield Street in Yonkers has been sold in a recent transaction. The property consists of three buildings with a total of 7 apartments, 5 of which were delivered vacant and in need of gut renovation. The sale took place on August 25, 2021, with a sale price of $1,100,000. The total square footage of the property is 5,590, resulting in a price per square foot of $196.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,100,000
• Address: 2, 4 & 6 Garfield Street, Yonkers
• Market: Yonkers

Nathan Herman was the buyer of the property, while Joanne Kubasek was the seller. The transaction was facilitated by Justin Conway of Besen Partners and Jeffrey Landsman of Houlihan Lawrence. It is worth noting that the deal was an all-cash transaction, with a quick closing and all inspections waived. For any sale, valuation, or acquisition opportunities, interested parties can contact Justin Conway at 646 424.5321 or [email protected].