Peak Capital Acquires Multifamily Property In Woodside, Queens For $2.1M

The asset involved in this transaction is a multifamily property located at 53-11 Skillman Ave., Woodside, Queens. The sale price for this property was $2,100,000, and it comprises 6 units. The total square footage of the property is 5,200, resulting in a price per unit of $350,000 and a price per square foot of $403.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,100,000
• Address: 53-11 Skillman Ave.
• Market: Woodside, Queens
• Units: 6
• Square Footage: 5,200
• Price Per Unit: $350,000
• Price Per Square Foot: $403
• Buyer: PEAK Capital - Alex Rabin & David Gomez
• Seller: Julie Hon
• Brooks: Ben Normatov & Lev Mavashev - Alpha Realty
• Note: Off market purchase from long term ownership, with 6/6 vacant units at closing.

The transaction was facilitated by brokers Ben Normatov and Lev Mavashev from Alpha Realty, representing the seller, Julie Hon. PEAK Capital, led by Alex Rabin and David Gomez, has expressed a strong interest in new capital sources, emphasizing their ability to close on properties quickly and efficiently.