Rrustem Gecaj pays $5.5M to Morgan Group for property in Schuylerville

Rrustem Gecaj through the entity Arber Realty LLC paid Morgan Group’s 1921 Hobart LLC $5.5 million for 1921 Hobart Avenue in Schuylerville. The deal closed on October 22, 2020 and was recorded on December 3, 2020. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 33 residential units. The property is 27,000 square feet. The parcel(s) have total development potential of 27,000 square feet.
The sale price per unit is $165,152.

The contract date was July 16, 2020. The last time the property sold was May 1, 2014 for $3,700,000.
Direct link to Acris document. link
The signatory for the buyer or lender was Rrustem Gecaj