Gillman Management Acquires Multifamily Property In Crown Heights, Brooklyn | 1193, 1199 & 1205 Eastern Parkway | Alex Fuchs, Ben Khakshoor, Aaron Jungreis | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

59,064 sqft

A multfamily property located at 1193, 1199, and 1205 Eastern Parkway in Crown Heights, Brooklyn, was recently sold for $5 million. The property consists of 29 units, with an average price per unit of $172,414. The total square footage of the property is 19,688, with an average price per square foot of $254.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $5,000,000
Address: 1193, 1199 & 1205 Eastern Parkway
Market: Crown Heights, Brooklyn

The buyer of the property was Gillman Management, while Barberry Rose Management acted as the seller. The deal was facilitated by the brokers Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group.

Players

All
4

Agents
3
Agencies
1

$692.7M Sold

$929.4M Sold

$2.7B Sold

Rosewood Realty Group

Details

Deal Summary

SOLD

IMAGE: Aaron Jungreis, Ben Khakshoor & Alex Fuchs DATE: 11/21/2023 ADDRESS: 1193, 1199 & 1205 Eastern Parkway MARKET: Crown Heights, Brooklyn ASSET TYPE: Multifamily BUYER: Gillman Management SELLER: Barberry Rose Management BROKERS: Aaron Jungreis (@AaronJungreis), Ben Khakshoor (@BenKhak) & Alex Fuchs (@AlexFuchs1) - Rosewood Realty Group (@RosewoodRG) SALE PRICE: $5,000,000 UNITS: 29 ~ PPU: $172,414 SF: 19,688 ~ PPSF: $254

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Address1193, 1199 & 1205 Eastern Parkway

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