Neil McKinnon's Prana Investments Acquires Multifamily Property In New York For $6.4M

Neil McKinnon, Gil Avni, and Ben Koval were involved in a closed property transaction in New York City's Bronx market. The transaction took place at 2541 Aqueduct Avenue West, which is a multifamily property. The property spans 27,250 square feet and has 37 units, with each unit priced at $172,000. The total transaction amount for the property was $6,400,000, with a price per square foot of $234. The buyer of the property was Prana Investments, represented by Neil McKinnon, and the seller was Luca Gjonlekaj. Friedman Roth Realty represented the seller with Ben Koval, and Gil Avni represented the buyer in the deal.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,400,000
• Address: 2541 Aqueduct Avenue West, New York
• Market: Bronx
• Square Footage: 27,250 sf
• Price per Square Foot: $234
• Number of Units: 37
• Price per Unit: $172,000
• Seller: Luca Gjonlekaj
• Buyer: Prana Investments - Neil McKinnon
• Broker: Friedman Roth Realty - Ben Koval (for Seller) Gil Avni (for Buyer)

The transaction involved key individuals such as Neil McKinnon, who represented Prana Investments in the deal, and Luca Gjonlekaj, who was the seller. Additionally, Ben Koval from Friedman Roth Realty represented the seller, while Gil Avni represented the buyer. Their involvement played a crucial role in the successful completion of the transaction.