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

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SOLD
Adam Traub

New York

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MultiFamily5,600 SF
Sold 11/29/2020
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Property Image
SOLD

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

20-35 Gates Ave, Flushing, NY 11385, USA

See Similar Deals
MultiFamily5,600 SF
Sold 11/29/2020
Adam Traub
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:5,600 SF
Transaction Type:Sale

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.

Players

Isaac Shrem
4 deals$85.8M volume
BROKER

Adam Traub
15 deals$68.9M volume
BROKER

Details

SOLD
IMAGE: Isaac Shrem and Adam Traub (@adamrtraub) ADDRESS: 20-35 Gates Avenue CITY: New York MARKET: Queens ASSET TYPE: Multi-family PRICE: $2,275,000 SF: 5,600 sf ~ PPSF: $406 UNITS: 6 ~ PPU: $379,000 SELLER: Florian Lazar BUYER: Paul Conway BROKER: Westbridge Realty Group – Isaac Shrem and Adam Traub NOTES: Building was delivered 100% vacant at closing, and […]

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