SOLD
Howard Herskovich Acquires Multifamily Portfolio In Far Rockaway, Queens For $25M
22-88 Mott Avenue, 18-15 Everdell Avenue, 11-27 Nameoke Street, 11-36 & 11-38 McBride Street
MultiFamily
101,512 SF
101,512 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
101,512 sqft
A multifamily property located at 22-88 Mott Avenue, 18-15 Everdell Avenue, 11-27 Nameoke Street, 11-36 & 11-38 McBride Street in Far Rockaway, Queens has been sold for a total of $25,000,000. The property consists of 115 residential units and spans a total area of 101,512 square feet. The price per unit is approximately $217,000, and the price per square foot is $246. The transaction took place on December 16, 2020, with Howard Herskovich as the buyer and Gershon Eichorn as the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $25,000,000
- Units: 115 (RS) ~ PPU: $217,000
- SF: 101,512 ~ PPSF: $246
Lev Mavashev of Alpha Realty NY, represented the buyer, Howard Herskovich, in this transaction.
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Lev Mavashev
DATE: 12/16/2020
ADDRESS: 22-88 Mott Avenue, 18-15 Everdell Avenue, 11-27 Nameoke Street, 11-36 & 11-38 McBride Street
MARKET: Far Rockaway, Queens
ASSET TYPE: Multifamily
BUYER: Howard Herskovich
SELLER: Gershon Eichorn
BROKER: @Lev_Mavashev - @Alpha_Realty_NY
PRICE: $25,000,000
UNITS: 115 (RS) ~ PPU: $217,000
SF: 101,512 ~ PPSF: $246
CAP: 6.8%
VOICEOVER: @Lev_Mavashev @Alpha_Realty_NYView on map
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Address22-88 Mott Avenue, 18-15 Everdell Avenue, 11-27 Nameoke Street, 11-36 & 11-38 McBride Street
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