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Joseph Heimann Acquires Multifamily Property In Auberndale For $6.95M

191-10 Crocheron Avenue
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This MultiFamily property located in NY was sold for $6,950,000 over 2 years ago.

The multifamily property located at 191-10 Crocheron Avenue in Auberndale has been sold for a total price of $6,950,000. The property has a total building square footage (BSF) of 49,511, resulting in a price per BSF (PPBSF) of $140. The property spans 28,606 square feet (SF), with a price per square foot (PPSF) of $242. It consists of 36 units, with a price per unit (PPU) of $193,055.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,950,000
  • Address: 191-10 Crocheron Avenue, Auberndale
  • Market: Auberndale
  • Zoning: R5B

The buyer of the property is Joseph Heimann, while the seller is Stephen Cherpelis. The property has a floor area ratio (FAR) of 0.78 and falls under tax class 2. The lot size measures 36,675 square feet, with dimensions of 309 feet by 150 feet.

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Deals
  • Location
    191-10 Crocheron Avenue, Auburndale, NY, USA191-10 Crocheron Avenue, Auburndale, NY, USA
  • Sale Price
    $6,950,000$6,950,000
    $243 PPSF$243 PPSF
  • Area
    28,606 SF28,606 SF
  • Asset Type
    MultiFamilyMultiFamily

Deal Summary

SALE IMAGE: DATE: 09/03/2021 ADDRESS: 191-10 Crocheron Avenue MARKET: Auberndale ASSET TYPE: Multifamily ~ ZONING: R5B BUYER: Joseph Heimann SELLER: Stephen Cherpelis SALE PRICE: $6,950,000 BSF: 49,511 ~ PPBSF: $140 SF: 28,606 ~ PPSF: $242 UNITS: 36 ~ PPU: $193,055 FAR: 0.78 TAX CLASS: 2 LOT SIZE: 36,675 LOT DIMENSION: 309 ft x 150 ft

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