Kash Realty Acquires Multifamily Property On Heath Avenue For $555K

The asset involved in this transaction is a multifamily property located at 3087 Heath Avenue in New York City. The sale price for this property was $555,000, and it includes two units with a total square footage of 2,342, which equates to a price per unit of $277,500 and a price per square foot of $237.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $555,000
• Units: 2
• Square Footage: 2,342
• Price Per Unit: $277,500
• Price Per Square Foot: $237
• Buyer: Kash Realty - Maz Kashani & Neda Kashani
• Date of Transaction: 05/15/2023
• Market: New York City

The buyers of the property, Maz Kashani and Neda Kashani from Kash Realty, are known to purchase distressed single to four-family homes in Bronx, Queens, Westchester, and Long Island. They also acquire Free Market Multifamily properties consisting of 10-100 units in New York (including Westchester and Upstate), New Jersey, and Connecticut. They are open to potential deals and hard money needs, and their contact information includes Mazyar Kashani at (516)317-0941, Neda Kashani at (516)423-1633, and their email [email protected].