Milhouse Properties And Olshan Properties Acquire Multifamily Asset From Scandinavian Homes For $40.1M

The property asset involved in the transaction is a MultiFamily asset located at 385 Ft. Washington Avenue in the New York market. The property was sold for a total amount of $40,100,000.00 and has a square footage of 113,742.0.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $40,100,000.00
• Address: 385 Ft. Washington Avenue
• Market: New York
• Square Footage: 113,742.0
• Buyer: Milhouse Properties/Olshan Properties
• Seller: Scandinavian Homes, LLC
• Brokers: Barak Jacobov, Michael Weiser (GFI Realty Services), Yisroel Pershin, Shawn Sadaghati
• Sale Date: 07/06/2017

Key individuals involved in the deal include the buyers, Milhouse Properties and Olshan Properties, who acquired the asset. The seller of the property was Scandinavian Homes, LLC. The brokers representing the transaction are Barak Jacobov, Michael Weiser from GFI Realty Services, Yisroel Pershin, and Shawn Sadaghati.