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Acquisitions

Irving Langer sells 22-04 Collier Avenue for $13.5M

Far Rockaway property contains 62 units

22-04 Collier Avenue (Credit: Google Maps)

Residential Management has acquired 22-04 Collier Avenue in Far Rockaway from Irving Langer of E&M Associates for $13.51 million. The multifamily building spans 61,068 square feet and contains 62 units (60 are stabilized).

Dig Deeper: The property sits at the intersection of Collier Avenue and Beach 22nd Street, just a five minute walk from the Beach 25 Street Wavecrest Station, with access to the A train.

Flashback: Langer paid $8 million for the property in 2014.

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