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Chambers Family Acquires Multifamily Property On 50th Avenue For $1.65M

Property Image
SOLD
$1,650,000

New York

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MultiFamily2,970 SF
Sold 06/30/2023
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Property Image
SOLD

Chambers Family Acquires Multifamily Property On 50th Avenue For $1.65M

5-09 50th Ave Long Island City, NY 11101, USA

See Similar Deals
MultiFamily2,970 SF
Sold 06/30/2023
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$555
Total Square Footage:2,970 SF
Transaction Type:Sale

A multifamily property located at 5-09 50th Avenue in Hunters Point has been sold for a total of $1,650,000. The property consists of 3 units with a price per unit of $550,000. The total square footage is 2,970, resulting in a price per square foot of $556.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,650,000
  • Units: 3
  • Price Per Unit: $550,000
  • Square Footage: 2,970
  • Price Per Square Foot: $556
  • Address: 5-09 50th Avenue
  • Market: Hunters Point

The buyer of the property is the Chambers Family, while the seller is the Estate of Robert Benini. The broker representing the buyer is Paul Youssef from FTS Capital.

Players

Paul Youssef
21 deals$104.2M volume(631) 245-2726
BROKER

SELLER

Details

SOLD
IMAGE: Paul Youssef DATE: 06/30/2023 ADDRESS: 5-09 50th Avenue MARKET: Hunters Point ASSET TYPE: Multifamily BUYER: Chambers Family SELLER: Estate Of Robert Benini BROKER: Paul Youssef (@PYoussef_) - FTS Capital (@FTSCapital) SALE PRICE: $1,650,000 UNITS: 3 ~ PPU: $550,000 SF: 2,970 ~ PPSF: $556

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