The Abeco Organization Acquires Mixed-Use Property In Ft. Greene, Brooklyn For $4M
New York
See Similar DealsThe Abeco Organization Acquires Mixed-Use Property In Ft. Greene, Brooklyn For $4M
36 St Felix St Brooklyn, NY 11217, USA
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The property at 36 St. Felix Street in Ft. Greene, Brooklyn was recently sold in a transaction. It is a mixed-use property comprising of 5 apartments and 1 commercial space. The sale took place on 08/15/2023, with a sale price of $4,000,000. The total square footage of the property is 7,600, resulting in a price per square foot of $526. Furthermore, the property consists of 6 units, with an average price per unit of $666,667. The cap rate for the transaction is 6.2%.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,000,000
- Square Footage: 7,600
- Price per Square Foot: $526
- Number of Units: 6
- Price per Unit: $666,667
- Cap Rate: 6.2%
The buyer of the property is The Abeco Organization, represented by Abe Betesh. The deal was facilitated by Adam J Hess and Edward Setton of the Meridian Capital Group.
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