Peak Capital Acquires MultiFamily In Sunnyside For $950,000

A multi-family property located at 47-16 45th Street in Sunnyside has been sold for $950,000. The property consists of 6 units with an average price per unit of $158,333. The total square footage of the property is 3,975, resulting in a price per square foot of $239.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $950,000
• Address: 47-16 45th Street
• Market: Sunnyside

The buyer of the property is Peak Capital, represented by Alex Rabin and David Gomez. The seller is Gerald Mattessich. The deal was facilitated by the brokers Derek Bestreich, Steve Reynolds, and Tom Reynolds from Investment Property Realty Group (IPRG).