Robert Davoodzadeh Acquires Multifamily Property In Jamaica For $2.25M

A multifamily property located at 90-39 148th Street in Jamaica has been sold for $2,250,000. The property consists of 17 units with a price per unit of $132,352. The total square footage of the property is 13,000, with a price per square foot of $173. The transaction took place on September 21, 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,250,000
• Address: 90-39 148th Street
• Market: Jamaica
• Units: 17
• Price per Unit: $132,352
• Total Square Footage: 13,000
• Price per Square Foot: $173

The buyer of the property is Robert Davoodzadeh, while the seller is Nicholas Genovese. The sale was facilitated by Matthew Kucker and Jordan Baruch of Colliers International.