Heritage Realty Acquires 46-Unit Multifamily Property On Seaman Avenue In Manhattan For $13M

The multi-family property located at 65-71 Seaman Avenue in New York City's Manhattan market has been sold for a total price of $13,000,000. The property spans across 37,460 square feet, resulting in a price per square foot of $347. It consists of 46 units, providing a significant opportunity for investment.

Summary of transaction details

• Property Type: Multi-family
• Transaction Amount: $13,000,000
• Square Footage: 37,460 square feet
• Price per Square Foot: $347
• Number of Units: 46

This transaction was facilitated by Donald Agababian as the seller and the buyer was Heritage Realty, represented by Alex Haji of Heritage Realty. The deal marks another successful transaction for Alex Haji, showcasing his expertise and effectiveness in representing his clients. This acquisition presents a lucrative investment opportunity in the vibrant Manhattan market.