Diana Wu Acquires Cypress Hills Multifamily From Ira Levinas

A multifamily property located at 500 Jamaica Avenue in Cypress Hills has been sold in a closed transaction. The property spans 3,300 square feet and was sold for a sale price of $1,398,888. The asking price for the property was $1,490,000, resulting in a price per square foot of $423.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,398,888
• Square Footage: 3,300 sqft
• Address: 500 Jamaica Avenue
• Market: Cypress Hills
• Seller: Ira Levinas
• Buyer: Diana Wu

Nicholas Duarte from the brokerage firm represented the parties involved in the transaction.