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Irving Tire Company Acquires Multifamily Property On Broadway For $11M

Property Image
SOLD
$11,000,000
Ilya Tolmasov
Aaron Jungreis
JB

New York

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MultiFamily18,000 SF
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Property Image
SOLD

Irving Tire Company Acquires Multifamily Property On Broadway For $11M

1487 Broadway, Brooklyn, NY 11221, USA

See Similar Deals
MultiFamily18,000 SF
Sold
Ilya Tolmasov
Aaron Jungreis
JB
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$611
Total Square Footage:18000 SF
Transaction Type:Sale

The multifamily property located at 1487 Broadway in Bushwick/Brooklyn was recently sold in a closed transaction. The property spans an area of 18,000 square feet and was sold for a sale price of $11,000,000. The asset was originally listed with an asking price of $11,500,000, resulting in a final price per square foot of $611.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,000,000
  • Address: 1487 Broadway
  • Market: Bushwick/Brooklyn
  • Size: 18,000 square feet

The seller of the property was Joseph Banda. On the buyer's side, the property was purchased by Irving Tire Company – The Pliskin Family. Representing the seller and buyer in this transaction were Ilya Tolmasov and Aaron Jungreis from Rosewood Realty Group NY.

Players

Aaron Jungreis
Rosewood Realty Group
Aaron Jungreis
202 deals$4.3B volume(212) 359-9900
BROKER
Ilya Tolmasov
Rosewood Realty Group
Ilya Tolmasov
6 deals$34.7M volume(212) 359-9900
BROKER
JB
Joseph Banda
7 deals$97.7M volume
SELLER

Details

SOLD
IMAGE: Ilya Tolmasov & Aaron Jungreis DATE: 06/21/2019 ADDRESS: 1487 Broadway MARKET: Bushwick/Brooklyn ASSET TYPE: Multifamily ASKING PRICE: $11,500,000 SALE PRICE: $11,000,000 SF: 18,000 PPSF: $611 SELLER: Joseph Banda BUYER: Irving Tire Company – The Pliskin Family BROKERS: Ilya Tolmasov, Aaron Jungreis @rosewoodrealtygroupny

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