SOLD
SJS Management Sells Multifamily Asset In Rego Park For $12.6M
62-82 Saunders Street
MultiFamily
69,000 SF
69,000 SF
Summary
Sale
NEW YORK
MultiFamily
69,000 sqft
An investment property located at 62-82 Saunders Street in Rego Park has been sold for $12,600,000. The property is a multifamily asset with a total of 60 units, consisting of 56 rent-stabilized units and 4 free-market units. The building spans a total area of 69,000 square feet, with a price per square foot of $182. The sale was completed by SJS Management. The brokers involved in the transaction were Guthrie Garvin, Brendan Maddigan, Solomon Michailow, and Jack Norton from JLL.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,600,000
- Address: 62-82 Saunders Street
- Market: Rego Park
- Units: 60 (56 RS, 4 FM)
- Price Per Unit: $210,000
- Square Feet: 69,000
- Price Per Square Foot: $182
Guthrie Garvin, Brendan Maddigan, Solomon Michailow, and Jack Norton from JLL represented SJS Management in the sale of this property.
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Details
SOLD
IMAGE: Guthrie Garvin, Brendan Maddigan, Solomon Michailow & Jack Norton
DATE: 12/28/2020
ADDRESS: 62-82 Saunders Street
MARKET: Rego Park
ASSET TYPE: Multifamily
SELLER: SJS Management
BROKERS: @GuthrieGarvin, @BrendanMaddigan, @SolomonMichailow, Jack Norton (@JM_Norton) - JLL
PRICE: $12,600,000
UNITS: 60 (56 RS, 4 FM) ~ PPU: $210,000
SF: 69,000 ~ PPSF: $182View on map
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Address62-82 Saunders Street
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