Meir Babaev Acquires Mixed-Use Property In Brooklyn For $9.75M | 267 Flatbush Avenue | Daniel (Dan) Lebor, Adam J Hess, Dan Marks | Mixed-use | Sale

Summary

Sale

NEW YORK

Mixed-use

1,979 sqft

267 Flatbush Avenue in Brooklyn has been sold in a closed transaction for $9,750,000. This mixed-use property has a price per square foot of $919 and a cap rate of 4.85%.

Summary of transaction details

Property Type: Mixed-Use
Transaction Amount: $9,750,000
Price Per Square Foot: $919
Cap Rate: 4.85%

The seller of this property is Ben Bernstein, representing Red Sky Capital. The buyer is Meir Babaev (@meirbabaev) and the transaction was facilitated by TerraCRG. The brokers involved in the deal are Adam Hess, Dan Marks, and Dan Lebor.

Players

All
5

Agents
3
Agencies
2

Daniel (Dan) Lebor

Partner

$621.3M Sold

Adam J Hess

Senior Executive Managing Director

$183.1M Sold

Dan Marks

Partner

$599.2M Sold

Meridian Capital Group

Terra CRG

Details

Deal Summary

SOLD

IMAGE: 02/28/2018 IMAGE: Ben Bernstein, Adam Hess, Dan Marks, Dan Lebor and Meir Babaev (@MeirBabaev) ADDRESS: 267 Flatbush Avenue CITY: New York MARKET: Brooklyn ASSET TYPE: Mixed-Use PRICE: $9,750,000 PPSF: $919 CAP RATE: 4.85% SELLER: Ben Bernstein – Red Sky Capital BUYER: Meir Babaev @meirbabaev BROKER: TerraCRG – Adam Hess, Dan Marks and Dan Lebor

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Address267 Flatbush Avenue

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