Peak Capital Acquires Multifamily Property In Cobble Hill For $3.48M

A multifamily property located at 154 Atlantic Avenue in Cobble Hill has been sold in a closed transaction. The property consists of 8 units with a total square footage of 5,500. The sale price for the property was $3,480,000, resulting in a per unit price of $435,000. The price per square foot was $633.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,480,000
• Address: 154 Atlantic Avenue
• Market: Cobble Hill

The buyer of the property was Peak Capital represented by Alex Rabin & David Gomez. The seller in this transaction was Kevin Craig. The brokers involved in the deal were Aaron Mazor & Joe Azar from Compass.

Peak Capital is actively seeking value-add multi and mixed-use properties in prime neighborhoods of Western Queens, Brooklyn, and Manhattan. For any new acquisition opportunities, interested parties can email Alex Rabin at [email protected].