Henry Mathies Of Greysteel Represents Sale Of West Babylon Multifamily Asset For $29.5M

The property asset involved in the transaction is a multifamily residence located at 409 Wyandanch Avenue, West Babylon. The sale price of the property was $29,500,000, with a total of 164 units. The total square footage of the asset is 228,990, resulting in a price per unit of $179,878 and a price per square foot of $128.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $29,500,000
• Units: 164
• Square Footage: 228,990
• Price Per Unit: $179,878
• Price Per Square Foot: $128

The transaction was brokered by Henry Mathies, representing Greysteel in the sale of the property, highlighting the involvement of professionals in the deal process.