SOLD
Akelius Real Estate Management Acquires Mix Of Rent-Stabilized And Free-Market Apartments In Brooklyn For $35.45M
409-421 14th Street & 181 and 182 Prospect Park West
Mixed-use
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
The sale of a property in New York City's Brooklyn neighborhood recently closed for a total price of $35,450,000. The property, located at 409-421 14th Street and 181 and 182 Prospect Park West, consists of a mix of rent-stabilized and free-market apartments. The transaction took place on December 14, 2017.
Summary of transation details
- Property Type: Mix of rent-stabilized and free-market apartments
- Transaction Amount: $35,450,000
- Units: 78 total (34 at 409-421 14th Street and 44 at 181 and 182 Prospect Park West)
The sellers, Deepak and Neera Raj, sold the property to Akelius Real Estate Management. The deal was facilitated by Greysteel, with Michael Stimler representing the buyer. This transaction represents a significant investment in the Brooklyn real estate market.
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Details
SOLD
IMAGE: 12/14/17
ADDRESS: 409-421 14th Street ($20.75M.75) & 181 and 182 Prospect Park West ($14.7M.7)
CITY: New York
MARKET: Brooklyn
ASSET TYPE: Mix of rent-stabilized and free-market apartments
SELLER: Deepak and Neera Raj
BUYER: Akelius Real Estate Management
BROKER: Greysteel - Michael Stimler
PRICE: $ 35,450,000
UNITS: 78 total (34 & 44)View on map
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Address409-421 14th Street & 181 and 182 Prospect Park West
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