Park Drive Equities Acquires Mixed Use Property In Cedarhurst, NY For $3.2M
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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
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- Location488 Central Avenue, Cedarhurst, NY, USA
- Sale Price$3,200,000$347 PPSF
- Area9,200 SF
- Asset TypeMixed-use
- Parties1 Broker, 1 Agency
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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
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488 Central Avenue
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