The multifamily property located at 55 East 196th Street in Kingsbridge was recently sold for a total of $6,300,000. The property spans across 35,532 square feet, resulting in a price per square foot of $177. This multifamily asset consists of 36 units, with 27 being residential and 9 being retail spaces. The price per unit amounted to $175,000. The sellers of this property were Gail and Stuart Davis, while the brokers involved in the transaction were Matthew Barbaccia and Christian Dedvukaj.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,300,000
• Square Footage: 35,532
• Price per Square Foot: $177
• Units: 36 (27 FM & 9 RS)
• Price per Unit: $175,000

The successful sale of this property was facilitated by brokers Matthew Barbaccia and Christian Dedvukaj. They represented the sellers, Gail and Stuart Davis, throughout the transaction. Their expertise and negotiations played a crucial role in the completion of this deal. The involvement of these key individuals highlights their commitment to delivering successful outcomes for their clients.