Leo Hershkowitz Acquires Melrose Multifamily For $2.8M

Located in the Melrose market, the multifamily property at 368 East 155th Street has recently been sold for a total price of $2,800,000. The sale, which took place on 06/23/2022, involved a total of 16 units, resulting in a price per unit of $175,000. The property spans 8,845 square feet, equating to a price per square foot of $310.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,800,000
• Sale Date: 06/23/2022
• Address: 368 East 155th Street
• Market: Melrose
• Units: 16
• Price per Unit: $175,000
• Square Footage: 8,845
• Price per Square Foot: $310

The buyer in this transaction was Leo Hershkowitz, while the seller was Rockaway Capital Partners. Representing the deal as the broker was Steven Vegh.