Alex Mermelstein Of Marble Residential Acquires Multifamily Property In Philadelphia For $2.325M

4900 Comly Street & 6100 Bingham Street is a multifamily asset located in the Philadelphia market. The sale price of the property was $2,325,000, which breaks down to $122,368 per unit across 19 units. The total square footage of the property is 18,314, resulting in a price per square foot of $126.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,325,000
• Units: 19
• Price per Unit: $122,368
• Square Footage: 18,314
• Price per Square Foot: $126
• Buyer: Alex Mermelstein - Marble Residential
• Seller: Daniel Waisbord - WB Investments
• Seller's Representatives: Daniel Yadgaroff & Luke DeLuca - Global Real Estate Advisors (GREA)
• Financing: Akiva Drew - Drew Capital

The transaction involved key figures such as Alex Mermelstein, who represented Marble Residential as the buyer, and Daniel Waisbord, the seller, who is associated with WB Investments. The seller was represented in the deal by Daniel Yadgaroff and Luke DeLuca from Global Real Estate Advisors, while financing for the transaction was facilitated by Akiva Drew from Drew Capital.