Cetinkaya Family Acquires 4-Unit Multifamily In New York City For $2.9M

The Cetinkaya Family has recently acquired a multifamily property located at 99 1st Place in New York City. The property consists of 4 units, with a total square footage of 3,600. The sale price for this transaction was $2,900,000, resulting in a price per unit of $725,000. The price per square foot is estimated to be $806.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,900,000
• Address: 99 1st Place, New York City
• Units: 4
• Price per Unit: $725,000
• Square Footage: 3,600
• Price per Square Foot: $806

The buyer in this transaction was the Cetinkaya Family, while the seller was the Svenelid Family. The Cetinkaya Family's representative in this deal was Dennis Cetinkaya.