Falyne Fuller, Christina Colon & Ricky Newberne Purchase MultiFamily Property From John And Meena Prego For $1.335M

The asset involved in this transaction is a MultiFamily property located at 85-52 79th Street in the Woodhaven market. The sale price was $1,335,000, and the property consists of 3 units with a price per unit of $445,000. The total square footage is 3,503 with a price per square foot of $381.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $1,335,000
• Units: 3
• Price Per Unit: $445,000
• Square Footage: 3,503
• Price Per Square Foot: $381
• Buyer: Falyne Fuller, Christina Colon & Ricky Newberne
• Seller: John Prego & Meena Prego - Mama Meena's Family Restaurant
• Buyer's Rep: Madan Surujpaul - Habitat Realty of New York & Romena Surujpaul - JRS Realty Management
• Seller's Rep: Sachin Surujpaul & Nilson Penafiel - JRS Realty Management

This transaction highlights the involvement of key individuals and companies in closing a significant deal. The buyer representatives, Madan Surujpaul from Habitat Realty of New York and Romena Surujpaul from JRS Realty Management, played essential roles in facilitating the purchase. The sellers, John Prego and Meena Prego, were represented by Sachin Surujpaul and Nilson Penafiel, both from JRS Realty Management. Notably, the sale marks the successful transition of the property previously associated with the renowned Mama Meena’s Family Restaurant.