Marcus & Millichap NYM Group Sells Multifamily Property In Richmond Hill, Queens For $3.2M

The multifamily property located at 89-03 104th Street in Richmond Hill, Queens has been sold for $3,200,000. The property consists of 24 units, with each unit valued at approximately $133,333. The total square footage of the property is 18,000, resulting in a price per square foot of $178.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,200,000
• Address: 89-03 104th Street, Richmond Hill, Queens
• Market: Richmond Hill, Queens
• Units: 24
• Price per Unit: $133,333
• Total Square Footage: 18,000
• Price per Square Foot: $178

The seller of the property was Alex Assejew. The deal was facilitated by Marcus & Millichap NYM Group, with Michael Salvatico, Shaun Riney, Sean Fopeano, and Louis Zarif acting as the brokers representing the seller.