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Arker Companies Acquires Multifamily Property In Far Rockaway For $45M

Property Image
SOLD
$45,000,000

New York

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MultiFamily180,300 SF
Sold 04/25/2022
the dealdetailscomps
Property Image
SOLD

Arker Companies Acquires Multifamily Property In Far Rockaway For $45M

22-10 New Haven Avenue, Queens, New York 11691, United States

See Similar Deals
MultiFamily180,300 SF
Sold 04/25/2022
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$249
Total Square Footage:180,300 SF
Transaction Type:Sale

The multifamily property located at 22-10 New Haven Avenue in Far Rockaway has been sold. The transaction took place on April 25, 2022. The property is owned by Mallory Management and was purchased by Arker Companies for a total of $45,000,000. The sale includes a total of 153 units, with a price per unit of $294,117. The property spans a total area of 180,300 square feet, resulting in a price per square foot of $249.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $45,000,000
  • Units: 153
  • Price per Unit: $294,117
  • Square Footage: 180,300
  • Price per Square Foot: $249

Arker Companies, represented by Alex Arker, completed the purchase of the property from Mallory Management.

Players

AC
Arker Companies
BUYER

Details

SOLD
IMAGE: Alex Arker DATE: 04/25/2022 ADDRESS: 22-10 New Haven Avenue MARKET: Far Rockaway ASSET TYPE: Multifamily BUYER: Arker Companies SELLER: Mallory Management (@MalloryManagementGroup) SALE PRICE: $45,000,000 UNITS: 153 ~ PPU: $294,117 SF: 180,300 ~ PPSF: $249

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