Shlaku Family Purchases Multifamily Asset From Kassin Family For $8 Million In Forest Hills

The property asset involved in the transaction is a multifamily building located at 99-44 62nd Avenue in Forest Hills. The sale price for this asset was $8,000,000. The building comprises 62 units, offering a price per unit of $129,032. It has a total square footage of 55,300, which results in a price per square foot of $144.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,000,000
• Units: 62
• Price Per Unit: $129,032
• Square Footage: 55,300
• Price Per Square Foot: $144
• Buyer: Shlaku Family
• Seller: Kassin Family
• Brokers: Yosef Katz, Shlomo Antebi, Erik Yankelovich & Nate Pilchick - Atlas Realty Group
• Date of Transaction: 11/04/2024

The deal was facilitated by a team of brokers from Atlas Realty Group, highlighting the expertise and collaboration of Yosef Katz, Shlomo Antebi, Erik Yankelovich, and Nate Pilchick in executing this transaction. The involvement of these brokers reflects their role in representing the parties involved in this multifamily real estate deal.