109Co Acquires Multifamily Property At 484 Humboldt Street For $32.5 Million

The transaction involved a multi-family asset located at 484 Humboldt Street, 64-68 Maspeth Avenue & 65 Maspeth Avenue in the Brooklyn market. The property was sold for $32,500,000, covering a total square footage of 68,930, resulting in a price per square foot of $471.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $32,500,000
• Address: 484 Humboldt Street, 64-68 Maspeth Avenue & 65 Maspeth Avenue
• Market: Brooklyn
• Square Footage: 68,930
• Price per Square Foot: $471
• Buyer: 109Co - Bastien Broda
• Brokers: Frederick Richter, Patrick Madigan, Joseph Moran & Miles Davis-Bosch - Avison Young

The deal was represented by brokers Frederick Richter, Patrick Madigan, Joseph Moran, and Miles Davis-Bosch from Avison Young, indicating a coordinated effort among the brokerage team to facilitate this significant transaction in the multi-family sector.