Peak Capital Acquires Multifamily Property In Sunnyside, Queens For $1.5M

Located in Sunnyside, Queens, the multifamily property at 47-09 47th Avenue has been sold in a recent transaction. The property consists of 6 units with a total square footage of 4,852. The sale price for this transaction was $1,500,000, resulting in a price per unit of $250,000. The price per square foot was calculated to be $309.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Address: 47-09 47th Avenue
• Market: Sunnyside, Queens

The buyer of this property is Peak Capital, represented by Alex Rabin and David Gomez. The seller in this transaction is Anna Lampiris. Peak Capital has expanded its portfolio with this acquisition, which is their 20th acquisition in Queens. As their portfolio continues to grow, they are actively looking for opportunities in Brooklyn and Manhattan as well. For any new opportunities, please contact Alex Rabin at [email protected].