FINANCED
Margules Properties Acquires Multi-Family Property In Brooklyn For $3.46M
266 East 21st Street
MultiFamily
18,140 SF
18,140 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
18,140 sqft
In a closed transaction on May 30, 2018, Margules Properties purchased a multi-family property located at 266 East 21st Street in Brooklyn, New York. The property, consisting of 24 units and measuring 18,140 square feet, was sold by the John Family Estate for a total price of $3,465,000. This equates to a price per square foot of $191 and a unit price of $165,000.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $3,465,000
- Market: Brooklyn
- Address: 266 East 21st Street, New York
- Square Footage: 18,140
- Price per Square Foot: $191
- Number of Units: 24
- Unit Price: $165,000
Gardner Rivera, representing Paper City Real Estate, acted as the buyer's broker in this transaction. The seller's broker was Chrystal Reid. The deal represents a successful purchase by Margules Properties, demonstrating their continued investment in the Brooklyn market.
Players
All
2
Agents
2
Details
FINANCED
IMAGE: Gardner Rivera and Chrystal Reid
DATE: 05/30/2018
ADDRESS: 266 East 21st Street
CITY: New York
MARKET: Brooklyn
ASSET TYPE: Multi Family
PRICE: $3,465,000
SF: 18,140 PPSF: $191
UNITS: 24 PPU: 165K
SELLER: John Family Estate
BUYER: Margules Properties
BROKER: Gardner Rivera, MSRED (@rReaganrivera212 , @papercityrealestate) – Paper City Real Estate / Seller’s Broker: Chrystal […]View on map
Loading...
Address266 East 21st Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want