SOLD
Light Grove Capital Acquires Multifamily Property In Brooklyn For $3.35M
18 orient avenue
MultiFamily
2,800 SF
2,800 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
2,800 sqft
Located at 18 Orient Avenue in Brooklyn, this multifamily property was recently sold in a closed transaction. The property encompasses 2,800 square feet and consists of 3 units. The sale price for this property was $3,350,000, averaging to a price per unit of $1,116,667. The price per square foot equates to $1,196.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,350,000
- Address: 18 Orient Avenue
- Market: Brooklyn
Light Grove Capital, represented by Mike Pitman, acquired the property from Karl Larocca. The sales transaction was facilitated by Yuval Vidal from Compass. This deal showcases the involvement of key individuals and companies in the real estate market of Brooklyn.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Mike Pitman & Yuval Vidal
DATE: 12/08/2022
ADDRESS: 18 Orient Avenue
MARKET: Brooklyn
ASSET TYPE: Multifamily
BUYER: Light Grove Capital - Mike Pitman
SELLER: Karl Larocca
BROKER: Yuval Vidal - Compass
SALE PRICE: $3,350,000
UNITS: 3 ~ PPU: $1,116,667
SF: 2,800 ~ PPSF: $1,196View on map
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Address18 orient avenue
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