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PHILADELPHIA-Two disparate multifamily properties in separate, unrelated transactions have been sold. Audubon Center in Northeast Philadelphia has traded for $22 million or $59,299 per unit while 64-unit Mt. Airy Court near Elkins Park has commanded slightly more than $4.4 million or just north of $69,000 per unit.

The larger Audubon Center at 6242 Roosevelt Blvd. is an eight-building complex containing 371 units. The sale was an off-market transaction. The Livingston, NJ-based Gebroe-Hammer Associates team of assistant vice president Eli Rosen, executive vice president Joel Schwartz and senior vice president Joseph Brecher represented the seller and also procured the buyer of record, Audubon Properties.

As GlobeSt.com previously reported, the seller consists of four principals of New York City-based Vintage Group, which acquired the complex in October 2004 for $16 million. At that time, the complex consisted of 456 units, which included 85 non-duplex apartments. Vintage Group retained the 371 duplexes and immediately sold the others to an unidentified investor at an undisclosed price.