Alex Hajibay's Heritage Affordable Communities Acquires Multifamily Property For $8.25M On Hughes Avenue In Tremont

2120 Hughes Avenue

MultiFamily

59,587 SF

Sold 1 year ago

Summary

Sale

NEW YORK

MultiFamily

59,587 sqft

The multifamily property located at 2120 Hughes Avenue in Tremont was recently sold for $8,250,000. The transaction took place on August 26, 2021. The property is situated in an R7-1 zoning area and spans 59,587 square feet. With a price per square foot of $138, the property offers 63 residential units, resulting in a price per unit of $130,952.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $8,250,000
Address: 2120 Hughes Avenue
Market: Tremont
Zoning: R7-1

Alex Hajibay of Heritage Affordable Communities acted as the buyer in this deal. On the other side, MacQuesten Properties served as the seller in the transaction.

Details

Deal Summary

SOLD

IMAGE: Alex Hajibay DATE: 08/26/2021 ADDRESS: 2120 Hughes Avenue MARKET: Tremont ASSET TYPE: Multifamily ~ ZONING: R7-1 BUYER: Alex Hajibay - Heritage Affordable Communities SELLER: MacQuesten Properties SALE PRICE: $8,250,000 SF: 59,587 ~ PPSF: $138 UNITS: 63 ~ PPU: $130,952

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Address2120 Hughes Avenue

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