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Multi-Family Sale

A seasoned investor in multi-family properties decided the time had come to sell. Other areas of New York City had witnessed more rapid appreciation, with still more growth anticipated; the time had come to shift geographic focus and capitalize. Abraham + Martin was chosen to value, market and negotiate the sale of the apartment building, as well as identify the 1031 Exchange building in the desired submarket and execute the acquisition. With significant capital gains tax exposure at stake, it was vital that A+M act quickly and efficiently. The sale and exchange were completed seamlessly, the client’s objectives were achieved and he continues to benefit from his decision to choose A+M.