Yaghoubi of City Prime Realty sells 132-unit apartment property for $13.4 million; Sale of 89-07 34th Avenue assisted by Blatter of Whitestone Realty

March 07, 2011 - Front Section

89-07 34th Avenue - Queens, NY

Eli Yaghoubi, City Prime Realty

Eli Yaghoubi, a senior associate at City Prime Realty, represented the seller along with real estate buyer Nathan Blatter of Whitestone Realty, in the $13.4 million sale of 89-07 34th Ave. The six-story, 90,000 s/f elevator apartment building contains 132 apartments and has 200' of frontage spanning a complete block from 89th St. to 90th St.
Yaghoubi said, "The buyer recieved a building with below market rents at a below market price w/great seller financing this represents the new wave of completing real estate deals."
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