Fairfield Properties Acquires Multifamily Property For $146M In Suffolk County, Long Island
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This MultiFamily property located in NY was sold for $146,000,000 about 2 years ago. The brokers of the deal were Salvatore Buzzerio, Gerard Quinn, Thomas E. Didio, Jr, Jason Lundy, Steve Simonelli, Michael "Mike" Oliver, Jose Cruz, and Andrew Scandalios
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- Location75 East Hoffman Avenue
- Sale Price$146,000,000$306 PPSF
- Area476,074 SF
- Asset TypeMultiFamily
- Parties8 Brokers, 1 Agency, 1 Lender
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Deal Summary
SALE
IMAGE: Steve Simonelli, Jose Cruz, Michael Oliver, Andrew Scandalios & Jason Lundy
DATE: 03/24/2022
ADDRESS: 75 E Hoffman Ave.
MARKET: Suffolk County, Long Island
ASSET TYPE: Multifamily
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 (@JLL)
SALE PRICE: $146,000,000
UNITS: 260 ~ PPU: $561,538
SF: 238,037 ~ PPSF: $613
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75 East Hoffman Avenue
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