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HIP Acquisitions Acquires MultiFamily Property On Dekalb Ave For $1.5M

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SOLD

New York

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MultiFamily6,500 SF
Sold 11/29/2020
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Property Image
SOLD

HIP Acquisitions Acquires MultiFamily Property On Dekalb Ave For $1.5M

1380 Dekalb Ave, Brooklyn, NY 11221, USA

See Similar Deals
MultiFamily6,500 SF
Sold 11/29/2020
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:6,500 SF
Transaction Type:Sale

The multi-family property located at 1380 Dekalb Ave in New York has been sold in a closed transaction for a price of $1,500,000. Spanning 6,500 square feet, the property is valued at approximately $230 per square foot. The transaction involved a total of 8 units, with an average price per unit of $187,500.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,500,000
  • Square Footage: 6,500 SF
  • Price per Square Foot: $230
  • Total Units: 8
  • Price per Unit: $187,500

The seller of the property is Ulysses Reid, while the buyer is Todd Bell of HIP Acquisitions. Representing the deal as the broker is Rami Polinsky from HPNY.

Players

Rami Polinsky
Rami Polinsky
10 deals$42.4M volume
BROKER

Details

SOLD
IMAGE: Rami Polinsky (@Ramip5) ADDRESS: 1380 Dekalb Ave CITY: New York ASSET TYPE: MultiFamily PRICE: $1,500,000 SF: 6500 SF ~PPSF: $230 UNITS: 8 ~ PPU: 187.5K SELLER: Ulysses Reid BUYER: Todd Bell – HIP Acquisitions BROKER: Rami Polinsky (@ramip5) of HPNY (@hpny_)

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