SOLD
Greenbrook Partners Acquires Multifamily Building In Stuyvesant Heights, Brooklyn For $1.52M
168 Sumpter Street
MultiFamily
5,438 SF
5,438 SF
Sold 148 days ago
Summary
Sale
NEW YORK
MultiFamily
5,438 sqft
A multifamily property located at 168 Sumpter Street in Stuyvesant Heights, Brooklyn has been sold in a closed transaction. The property consists of a 6-unit building with a total of 5,438 square feet. The sale price for the property was $1,520,000, resulting in a price per unit of $253,333 and a price per square foot of $280.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,520,000
- Units: 6
- Price per unit: $253,333
- Square footage: 5,438
- Price per square foot: $280
- Market: Stuyvesant Heights, Brooklyn
The buyer of the property was Greenbrook Partners, while the seller was Freddie Thompson. The deal was facilitated by Haley Hasho, Joey Mohsen, and Justin Conway, who represented both the buyer and seller through Exodus Capital.
It is worth noting that the 6-unit building was delivered vacant. The buyer has plans for a substantial rehabilitation play for the property.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Haley Hasho, Joey Mohsen & Justin Conway
DATE: 12/06/2023
ADDRESS: 168 Sumpter Street
MARKET: Stuyvesant Heights, Brooklyn
ASSET TYPE: Multifamily
BUYER: Greenbrook Partners
SELLER: Freddie Thompson
BROKERS: Haley Hasho (@HaleyHasho), Joey Mohsen (@AkJewelryNY) & Justin Conway (@ConwayKeepsClosing) - Exodus Capital (@ExodusCapital.CRE)
SALE PRICE: $1,520,000
UNITS: 6 ~ PPU: $253,333
SF: 5,438 ~ PPSF: $280
NOTE FROM BROKER: 25 footer, 6-unit building delivered vacant.
Buyer is doing a substantial rehabilitation play.View on map
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Address168 Sumpter Street
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