Moshe Abraham Summit Acquires Multifamily Property On Ludlow Street For $6.3M

A multifamily property located at 117-121 Ludlow Street in Yonkers has been sold for a price of $6,300,000. The property consists of 38 units with an average price per unit of $165,789. It has a total area of 25,291 square feet, which translates to a price per square foot of $249. The transaction took place on 03/13/2023.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,300,000
• Address: 117-121 Ludlow Street, Yonkers
• Market: Yonkers
• Units: 38
• Price per Unit: $165,789
• Total Square Feet: 25,291
• Price per Square Foot: $249

The property was purchased by Moshe Abraham Summit from the seller, Gary Lee. The brokers involved in the transaction were Michael Nukho and Lukasz Przybylek from NuRealty Advisors.