The recently closed property transaction in Middle Village involved a multifamily asset located at 60-16 86th St. The property spans a total area of 7,331 square feet and was sold for a price of $2,775,000, resulting in a price per square foot of $378. The transaction took place on 08/18/2022.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,775,000
• Address: 60-16 86th St.
• Market: Middle Village

The buyer of the property is Rodney Javidnia and Ryan Javidnia, while the seller is Michael Pescatore. The deal was facilitated by brokers Jakub Nowak, Jonathan Eshaghian, and Matt Rosenzweig from The Nowak Group, who represented the buyer and seller in this transaction. The brokers are affiliated with Marcus & Millichap.

To learn more about the unique challenges involved in the sale of your commercial property, you can contact the experts at The Nowak Group. Jakub Nowak can be reached at 718-475-4353, and Matt Rosenzweig can be reached at 718-475-4366.