Klosed Properties Acquires Multifamily Property In Morningside Park For $11.3M

A multifamily property located at 312 Manhattan Ave. in Morningside Park has been sold for a total price of $11,300,000. The property consists of 59 units with an average price per unit of $191,525. The total square footage of the property is 44,622, with an average price per square foot of $253.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $11,300,000
• Address: 312 Manhattan Ave.
• Market: Morningside Park

The buyers of the property are Klosed Properties, represented by Adam Hajibai, Steven Kachanian, and Shawn Aziz. The brokers involved in the deal are Richard Guarino and Lynda Blumberg from Friedman-Roth. The mortgage consultant for the transaction is Jason Au.

It's worth noting that Klosed Properties currently has 12 deals under contract. For additional opportunities, please contact Adam at 516-858-0024 or [email protected].