Parkview Properties Acquires MultiFamily Asset At 1164-1168 Greene Avenue For $9.7M

The property asset involved in the transaction is a MultiFamily unit located at 1164-1168 Greene Avenue in Brooklyn. The sale price for the property was $9,700,000, covering a total square footage of 16,362, which results in a price per square foot of $592.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $9,700,000
• Address: 1164-1168 Greene Avenue
• Market: Brooklyn
• Square Footage: 16,362
• Price Per Square Foot: $592
• Buyer: Parkview Properties
• Buyer’s Representatives: Steven Kordvani & Jonathan Loloi
• Seller: Astral Weeks
• Brokerage Firm: JLL
• Broker Representatives: Brendan Maddigan, Ethan Stanton & Michael Mazzara

This deal involved notable individuals such as Steven Kordvani and Jonathan Loloi, who represented Parkview Properties in the acquisition, while Brendan Maddigan, Ethan Stanton, and Michael Mazzara acted on behalf of the brokerage firm JLL, representing the property transaction for the seller, Astral Weeks.