Paul Conway Acquires 6-unit Multi-Family Property In Queens For $2.3M

Located at 20-35 Gates Avenue in New York's Queens market, this multi-family property was recently sold in a closed transaction. The property spans 5,600 square feet and was sold at a price of $2,275,000, resulting in a price per square foot of $406. The property consists of 6 units, with an average price per unit of $379,000.

Summary of transation details

• Property Type: Multi-family
• Transaction Amount: $2,275,000
• Address: 20-35 Gates Avenue, New York
• Market: Queens
• Square Footage: 5,600 sf
• Price per Square Foot: $406
• Number of Units: 6
• Price per Unit: $379,000

The seller of this property was Florian Lazar, while the buyer was Paul Conway. The transaction was facilitated by Westbridge Realty Group, with Isaac Shrem and Adam Traub representing the brokerage.