B6 Real Estate Advisors Brokers $3.02M Sale of MultiFamily Property in Long Island City
B6 Real Estate Advisors recently brokered the sale of a MultiFamily property in Long Island City for $3.02 million.
B6 Real Estate Advisors, a leading commercial real estate brokerage firm, has successfully brokered the sale of a MultiFamily property in Long Island City, New York. The property, located at 28-08 23rd Ave, Long Island City, NY 11105, USA, was sold for a total price of $3.02 million. The sale was completed on July 24, 2018.
The property is a MultiFamily asset with a total area of 64,944 square feet. The price per square foot (PPSF) for the sale was $46. The asset type of the property is MultiFamily, which indicates that it is a residential property with multiple units.
The buyer of the property has not been disclosed. However, it can be assumed that the buyer is an investor or developer looking to capitalize on the growing demand for residential properties in Long Island City. The seller of the property is also unknown.
B6 Real Estate Advisors, the brokerage firm that facilitated the sale, is known for its expertise in the commercial real estate market. The firm specializes in providing advisory services for a wide range of property types, including office, retail, industrial, and residential. With a team of experienced brokers and a strong network of industry contacts, B6 Real Estate Advisors is able to deliver exceptional results for its clients.
The sale of the MultiFamily property in Long Island City is indicative of the strong demand for residential properties in the area. Long Island City has seen a surge in development in recent years, with numerous residential and commercial projects underway. The neighborhood offers a convenient location, with easy access to Manhattan and other parts of New York City. This has made it an attractive destination for both residents and investors.
The sale of the property was facilitated by B6 Real Estate Advisors, which has a strong presence in the Long Island City market. The firm has a deep understanding of the local market dynamics and is able to provide valuable insights and guidance to its clients. With its extensive network of buyers and sellers, B6 Real Estate Advisors is well-positioned to facilitate successful transactions in the area.
Overall, the sale of the MultiFamily property in Long Island City is a testament to the strength of the local real estate market. With its prime location and strong demand, the neighborhood continues to attract investors and developers. B6 Real Estate Advisors, with its expertise and industry knowledge, is well-equipped to capitalize on this demand and deliver exceptional results for its clients.