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Brokerage
Posted: February 13, 2012
Efrati of Entrepreneur Properties reps buyer and seller in $10 million sale; Seller of seven-story apartment building was Dr. Jafar; Purchased by New City Management
Entrepreneur Properties has completed the sale of 42-25 Hampton St. in the Elmhurst neighborhood for $10 million. The building is a seven-story elevator with 78 apartments and an indoor parking garage.
Entrepreneur Properties, a new commercial brokerage firm launched by Ami Efrati, represented both parties. The seller was Dr. Rasheed Jafar and the buyer was New City Management.
This sale marks Entrepreneur Props. third commercial transaction within its first five months in business.
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