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Harry Otterman Acquires Multifamily Property In Jackson Heights For $6.25M

Property Image
SOLD
$6,250,000
Joseph (Joe) Koicim
Shaun Riney
Dylan Walsh
+ 1

New York

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MultiFamily22,230 SF
Sold 10/31/2019
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Property Image
SOLD

Harry Otterman Acquires Multifamily Property In Jackson Heights For $6.25M

90-11 35th Ave, Flushing, NY 11372, USA

See Similar Deals
MultiFamily22,230 SF
Sold 10/31/2019
Joseph (Joe) Koicim
Shaun Riney
Dylan Walsh
+ 1
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$281
Total Square Footage:22,230 SF
Transaction Type:Sale

A multifamily property located at 90-11 35th Avenue in Jackson Heights, Queens has been sold in a closed transaction. The property consists of 30 units and has a total square footage of 22,230. The asking price for the property was $6,550,000, and it was ultimately sold for $6,250,000. This translates to a price per square foot of $281, and a price per unit of $208,333.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,250,000
  • Address: 90-11 35th Avenue
  • Market: Jackson Heights, Queens
  • SF: 22,230
  • PPSF: $281
  • Units: 30
  • PPU: $208,333

In this transaction, the seller was Jeff Ull and the buyer was Harry Otterman. The brokers involved in the deal were Shaun Riney, Joe Koicim, and Dylan Walsh.

Players

Joseph (Joe) Koicim
Marcus & Millichap
Joseph Koicim
172 deals$2.7B volume(212) 430-5147
BROKER
Shaun Riney
Marcus & Millichap
Shaun Riney
355 deals$1.8B volume(718) 475-4369
BROKER
Dylan Walsh
Cushman & Wakefield
Dylan Walsh
72 deals$582.7M volume(917) 887-5441
BROKER
HO
Harry Otterman
3 deals$7.9M volume
BUYER

Details

SOLD
IMAGE: Shaun Riney, Joe Koicim, Dylan Walsh DATE: 10/31/2019 ADDRESS: 90-11 35th Avenue MARKET: Jackson Heights, Queens ASSET TYPE: Multifamily SELLER: Jeff Ull BUYER: Harry Otterman BROKERS: Shaun Riney, Joe Koicim, Dylan Walsh ASKING PRICE: $6,550,000 SALE PRICE: $6,250,000 SF: 22,230 / PPSF: $281 UNITS: 30 / PPU: $208,333

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