HIP Acquisitions Acquires MultiFamily Property On Dekalb Ave For $1.5M
1380 Dekalb Avenue
MultiFamily
6,500 SF
6,500 SF
Sold 1 year ago
Summary
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.
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1380 Dekalb Avenue
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