Eduard Kandinov Acquires Multifamily Property On East 125th Street For $1.95M

A multifamily property located at 20 East 125th Street in New York City has recently been sold in a closed transaction. The property consists of 2 units and spans across 4,900 square feet. The sale price for this transaction was $1,950,000, resulting in a per unit price of $975,000. Additionally, the price per square foot for the property is $398.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,950,000
• Units: 2
• Price per Unit: $975,000
• Square Footage: 4,900
• Price per Square Foot: $398
• Market: New York City

In this transaction, the buyer is Eduard Kandinov and the seller is Derrick Tait. The broker representing the deal is Valon Nikci from Link NY Realty.

This sale represents a record-breaking achievement in the real estate market. Valon Nikci, the broker from Link NY Realty, states that their firm has access to over 200,000 properties throughout NYC, Westchester County, and CT, including off-market, foreclosures, vacant lots, distressed properties, value-add opportunities, and off-market properties. Link NY Realty is a boutique commercial and residential real estate firm.