Fairfield Properties Acquires Multifamily Property For $146M In Suffolk County, Long Island
75 East Hoffman Avenue
MultiFamily
476,074 SF
476,074 SF
Sold 1 year ago
+ 6
Summary
The multifamily property located at 75 E Hoffman Ave. in Suffolk County, Long Island has been sold in a closed transaction. The property consists of 260 units and spans a total square footage of 238,037. The sale price for the property was $146,000,000, resulting in a per-unit price of $561,538 and a price per square foot of $613. The transaction took place on March 24, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $146,000,000
- Buyer: Fairfield Properties
- Seller: JV between Tritec Real Estate Company, Inc. & Rockwood Capital
- Brokers: Jose Cruz, Steve Simonelli, Andrew Scandalios, Mike Oliver, & Jason Lundy - JLL
The buyer of the property is Fairfield Properties, while the seller is a joint venture between Tritec Real Estate Company, Inc. and Rockwood Capital. The deal was facilitated by brokers Jose Cruz, Steve Simonelli, Andrew Scandalios, Mike Oliver, and Jason Lundy from JLL.
Players
All
10
Agents
8
Agencies
1
Lenders
1
Details
View on map
Loading...
75 East Hoffman Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want