Roy Rave's Next Door Properties Acquires 8 Unit SRO Building In Crown Heights, Brooklyn For $725K

The property involved in this transaction is a multifamily building located at 108 Brooklyn Avenue in Crown Heights, Brooklyn. The building consists of 8 units and is classified as a single room occupancy (SRO) building. The sale price for this property was $725,000, with a total square footage of 3,113. This translates to a price per square foot of $233.

Summary of transaction details

• Property Type: Multifamily (8 Unit SRO Building)
• Transaction Amount: $725,000
• Square Footage: 3,113
• Price per Square Foot: $233
• Address: 108 Brooklyn Avenue, Crown Heights, Brooklyn
• Buyer: Roy Rave - Next Door Properties
• Seller: Ainsley Virgo
• Brokers: Matthew Cosentino, Remi Norris & Ronny (Aaron) Zimin - Terra CRG

The buyer in this transaction was Roy Rave, representing Next Door Properties. The seller was Ainsley Virgo. The brokers involved in this deal were Matthew Cosentino, Remi Norris, and Ronny (Aaron) Zimin from Terra CRG.