34-44 77th Street
Transaction Overview
Part of a three-building, rent-stabilized Queens multifamily portfolio. $107,000 per unit.
Property Details
Transaction Value
$46.5M
Square Footage
104,000 SF
Price per SF
$447
Year Closed
2024
Asset Type
Multifamily
Deal Type
Portfolio Sale
Property Type
Multifamily Elevatored
Location
Queens
Transaction Parties
Queens, NY
40.7522, -73.8898
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Press Coverage
Press citations: 34-44 77th Street
3 press features covering the $46.5M transaction.
Top 5 NYC Multifamily Building Sales—November 2024
Benedict Realty Group of Great Neck closes $46.5M acquisition of three Queens multifamily buildings totaling 424 units from Algin Management.
Benedict Realty Buys Three Queens Rental Buildings for $47M
Benedict Realty Group of Great Neck acquires three Queens multifamily buildings from Algin Management.
34-44 77th Street, Queens - $46.5M Multifamily Sale
Traded records the $46.5M headline sale: 34-44 77th Street anchors Benedict Realty Group's 2024 Queens multifamily portfolio.