Khan Capital Group Purchases Multifamily Property From Israel Schmidt In Hempstead For $2 Million

The property asset is a multifamily residence located at 298 Main Street in Hempstead. It was sold for $2,000,000, encompassing a total area of 7,000 square feet, resulting in a price per square foot of $285.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Address: 298 Main Street
• Market: Hempstead
• Square Footage: 7,000
• Price Per Square Foot: $285
• Buyer: Khan Capital Group - Pervez Khan & Saúl Ventura
• Seller: Israel Schmidt

The transaction involved Khan Capital Group, represented by Pervez Khan and Saúl Ventura, who facilitated the acquisition from seller Israel Schmidt, marking a significant transaction in the multifamily sector.