facebook
Traded Co logo
Submit a Deal

Park Drive Equities Acquires Mixed Use Property In Cedarhurst, NY For $3.2M

488 Central Avenue
PointingArrow
ShareContact

This Mixed-use property located in NY was sold for $3,200,000 over 5 years ago. The broker of the deal was Michael Guttman

A mixed-use property located at 488 Central Avenue in Cedarhurst, NY has been sold for $3,200,000. The property spans 9,200 square feet, resulting in a price per square foot of $347. The property consists of 8 residential units and 2 stores, generating a gross income of $246,000. The transaction took place on October 15, 2018.

Summary of transaction details

  • Property Type: Mixed Use
  • Transaction Amount: $3,200,000
  • Address: 488 Central Avenue
  • Market: Cedarhurst, NY
  • Square footage: 9,200
  • Price per square foot: $347
  • Gross Income: $246,000

Park Drive Equities, represented by Joseph Hoch, acquired the property from Landau Real Estate. The transaction was facilitated by Michael Guttman of Rosewood Realty Group.

View Related

Deals
  • Location
    488 Central Avenue, Cedarhurst, NY, USA488 Central Avenue, Cedarhurst, NY, USA
  • Sale Price
    $3,200,000$3,200,000
    $347 PPSF$347 PPSF
  • Area
    9,200 SF9,200 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Michael Guttman

Michael Guttman

Deals16
Sold$165.7M

Agency

Rosewood Realty Group

Rosewood Realty Group

Agency
Deals370
Volume$6.5B

Social

Deal Summary

SALE IMAGE: Michael Guttman DATE: 10/15/2018 ADDRESS: 488 Central Avenue MARKET: Cedarhurst, NY ASSET TYPE: Mixed Use SALE PRICE: $3,200,000 SF: 9,200 PPSF: $347 GROSS INCOME: $246,000 SELLER: Landau Real Estate BUYER: Park Drive Equities - Joseph Hoch BROKERS: Michael Guttman @rosewoodrealtygroupny NOTES: 8 Residential units + 2 Stores

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

488 Central Avenue

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits