Manny Mastromihalis Acquires Multifamily Property From Morris Jajati & Natan Hazkour For $1.725M

The asset involved in this transaction is a multifamily property located at 62 East 131st Street in East Harlem, Manhattan. The sale price for the property was $1,725,000. The building consists of 5 units, with a price per unit of $345,000. It has a total square footage of 6,013, resulting in a price per square foot of $286. The property was delivered fully vacant with a new Certificate of Occupancy (CO).

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,725,000
• Buyer: Manny Mastromihalis
• Seller: Morris Jajati & Natan Hazkour
• Broker Representatives: Harris Sonnenklar & Ronald Cohen - Besen Partners
• Units: 5
• Square Footage: 6,013
• Price Per Unit: $345,000
• Price Per Square Foot: $286

Harris Sonnenklar and Ronald Cohen, representing Besen Partners, were the brokers involved in the transaction. They facilitated the deal between the buyer, Manny Mastromihalis, and the sellers, Morris Jajati and Natan Hazkour.