SOLD
Fairfield Properties Acquires Multifamily Property On Middle Country Road In Selden For $45.1M
495 Middle Country Road
MultiFamily
181,180 SF
181,180 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
181,180 sqft
The multifamily property located at 495 Middle Country Road in Selden has been sold in a closed transaction. The property spans 181,180 square feet and consists of 126 units. The sale price for the property was $45,125,000, resulting in a price per square foot of $249 and a per unit price of $358,134. The asset was listed for an asking price of $47,500,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $45,125,000
- Address: 495 Middle Country Road
- Market: Selden
Kelly Development, represented by Mike Kelly, sold the property to Fairfield Properties, represented by Gary and Michael Broxmeyer. The deal was finalized with the assistance of Corey Gluckstal and Guy Canzoneri of Five Point Real Estate.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Corey Gluckstal & Guy Canzoneri
DATE: 09/04/2019
ADDRESS: 495 Middle Country Road
MARKET: Selden
ASSET TYPE: Multifamily
SELLER: Kelly Development – Mike Kelly
BUYER: Fairfield Properties – Gary and Michael Broxmeyer
BROKERS: Corey Gluckstal, Guy Canzoneri @fivepointrealestate
ASKING PRICE: $47,500,000
SALE PRICE: $45,125,000
SF: 181,180 PPSF: $249
PPU: $358,134 UNITS: 126View on map
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Address495 Middle Country Road
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