Global Real Estate Advisors (GREA) Sells Multifamily Property On Cedar Avenue In Philadelphia For $2.1M | 4607 4609 cedar avenue | Alan Krawitz, Kenneth (Ken) Wellar | MultiFamily | Sale

Summary

Sale

PENNSYLVANIA

MultiFamily

16 sqft

The recently closed transaction in Philadelphia involved the sale of a multifamily property located at 4607-4609 Cedar Avenue. This property consists of 16 units and spans across 21,000 square feet. The sale price for this asset was $2,100,000, resulting in a per unit price of $131,250.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $2,100,000
Units: 16
Price Per Unit: $131,250
Square Footage: 21,000

Kenneth (Ken) Wellar and Alan Krawitz of the Global Real Estate Advisors (GREA) represented the seller in this transaction.

Players

All
4

Agents
2
Agencies
2

$156.1M Sold

$927M Sold

Global Real Estate Advisors (GREA)

Rittenhouse Realty Advisors

Details

Deal Summary

SOLD

IMAGE: Kenneth (Ken) Wellar & Alan Krawitz DATE: 01/11/2023 ADDRESS: 4607-4609 Cedar Avenue MARKET: Philadelphia ASSET TYPE: Multifamily SELLER'S REP: Kenneth (Ken) Wellar (@Ken_Wellar_CRE) & Alan Krawitz (@AKrawitz84) - Global Real Estate Advisors (GREA) (@GlobalRealEstateAdvisors) SALE PRICE: $2,100,000 UNITS: 16 ~ PPU: $131,250 SF: 21,000

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Address4607 4609 cedar avenue

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