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Vincent Ragosta Acquires Multifamily Building In Far Rockaway For $22M

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SOLD

New York

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MultiFamily96,000 SF
Sold 02/07/2018
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SOLD

Vincent Ragosta Acquires Multifamily Building In Far Rockaway For $22M

22-11 New Haven Ave, Far Rockaway, NY 11691, USA

See Similar Deals
MultiFamily96,000 SF
Sold 02/07/2018
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:96,000 SF
Transaction Type:Sale

22-11 New Haven Avenue, a multifamily building located in Far Rockaway, New York, was recently sold in a closed transaction. The property spans 96,000 square feet and consists of 108 units. The sale price for this transaction was $22,000,000, equating to a price per square foot of $229.

Summary of transaction details:

  • Property Type: Multifamily Building
  • Transaction Amount: $22,000,000
  • Address: 22-11 New Haven Avenue
  • City: New York
  • Market: Far Rockaway
  • Square Footage: 96,000 sf
  • Price per Square Foot: $229
  • Number of Units: 108

The seller of the property was E&M Management, represented by Irving Langer and Danny Goldstein. The buyer in this transaction was Vincent Ragosta. The deal was facilitated by Yosef Katz of GFI Realty acting as the broker.

Players

Yosef Katz
133 deals$1.1B volume
BROKER

Irving Langer
10 deals$510.4M volume
SELLER

SELLER

Details

SOLD
IMAGE: Irving Langer and Yosef Katz DATE: 02/07/18 ADDRESS: 22-11 New Haven Avenue CITY: New York MARKET: Far Rockaway ASSET TYPE: Multifamily Building PRICE: $22,000,000 SF: 96,000 sf PPSF: $229 UNITS: 108 SELLER: E&M Mangaement – Irving Langer & Danny Goldstein BUYER: Vincent Ragosta BROKER: Yosef Katz of GFI Realty

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