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Aris Investment and Management Sale of Two Multifamily Properties

January 9, 2018
Henley USA LLC purchased the two apartment buildings at 3353 82nd St. and 3354 83rd St. in Jackson Heights, NY for $23 million, or about $371,000 per unit, from Aris Investment and Management.

The two buildings total 54,624 square feet and house 56 residential units and six commercial offices occupied by a mix of dentists, doctors and other professional tenants. The buildings were constructed in 1920 on Long Island, and today are 99 percent occupied.

Ronald Solarz of Eastern Consolidated represented the seller. The buyer handled the sale in-house.

Please see CoStar COMPS #4064747 for more details on this transaction.
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