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Camber Property Group Acquires Mixed-Use Property In Brooklyn For $107.5M

Property Image
SOLD
$107,500,000
Eugene Schneur

New York

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Mixed-use153,300 SF
Sold 12/23/2021
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Property Image
SOLD

Camber Property Group Acquires Mixed-Use Property In Brooklyn For $107.5M

579 Blake Avenue, Brooklyn, New York 11207, United States

See Similar Deals
Mixed-use153,300 SF
Sold 12/23/2021
Eugene Schneur
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$701
Total Square Footage:153,300 SF
Transaction Type:Sale

A mixed-use property located at 579 Blake Avenue in Brooklyn has been sold in a recent transaction. The property, spanning 153,300 square feet, was sold by Omni New York, represented by Eugene Schneur and Maurice "Mo" Vaughn. The buyer, Camber Property Group, was represented by Rick Gropper and Andrew Moelis. The sale price for the property was $107,500,000, resulting in a price per square foot of $701. The property consists of 261 units, with an average price per unit of $411,877.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $107,500,000
  • Address: 579 Blake Avenue
  • Market: Brooklyn
  • Square Footage: 153,300
  • Buyer: Camber Property Group - Rick Gropper & Andrew Moelis
  • Seller: Omni New York - Eugene Schneur & Maurice "Mo" Vaughn
  • Price per Square Foot: $701
  • Units: 261
  • Price per Unit: $411,877

The deal was facilitated by Rick Gropper and Andrew Moelis from Camber Property Group, who successfully represented the buyer. On the other side of the transaction, Eugene Schneur and Maurice "Mo" Vaughn, representing Omni New York, played a crucial role as the sellers' representatives.

Players

Rick Gropper
16 deals$716.7M volume
BUYER


Eugene Schneur
4 deals$212.5M volume
SELLER

SELLER

Details

SOLD
IMAGE: Andrew Moelis, Rick Gropper, Eugene Schneur & Maurice "Mo" Vaughn DATE: 12/23/2021 ADDRESS: 579 Blake Avenue MARKET: Brooklyn ASSET TYPE: Mixed-use BUYER: Camber Property Group - Rick Gropper & Andrew Moelis SELLER: Omni New York - Eugene Schneur & Maurice "Mo" Vaughn SALE PRICE: $107,500,000 SF: 153,300 ~ PPSF: $701 UNITS: 261 ~ PPU: $411,877

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