Kislak Acquires Multifamily Asset In Spring Valley, NY For $8.4M
New York
See Similar DealsKislak Acquires Multifamily Asset In Spring Valley, NY For $8.4M
500 East Funston Avenue, Spring Valley, New York 10977, United States
See Similar DealsSummary
Located in Spring Valley, NY, the recently sold multifamily property at 500 East Funston Avenue has changed hands. The transaction was completed on December 20, 2021, making it a closed deal. The asset consists of 66 units, with an average price per unit of $127,652. The total square footage of the property is 39,604, resulting in a price per square foot of $213. The sale price for the property was $8,425,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,425,000
- Address: 500 East Funston Avenue, Spring Valley, NY
- Market: Spring Valley, NY
- Units: 66
- Price Per Unit: $127,652
- Square Footage: 39,604
- Price Per Square Foot: $213
The deal was facilitated by Gregory Koenig and Michael Salomon from Kislak, who acted as the brokers representing the parties involved in the transaction. They played a crucial role in successfully closing the deal.
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