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The Fotis Group Acquires Multifamily Property In Homecrest, Brooklyn For $14.6M

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SOLD
$14,600,000

New York

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MultiFamily73,932 SF
Sold 11/30/2022
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SOLD

The Fotis Group Acquires Multifamily Property In Homecrest, Brooklyn For $14.6M

1815 East 17th Street

See Similar Deals
MultiFamily73,932 SF
Sold 11/30/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$197
Total Square Footage:73,932 SF
Transaction Type:Sale

The multifamily property located at 1815 E 17th Street in Homecrest, Brooklyn has been sold. The property consists of 83 units with a total square footage of 73,932. The sale price for the property was $14,600,000, resulting in a price per unit of $175,904 and a price per square foot of $197.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $14,600,000
  • Units: 83
  • Price Per Unit: $175,904
  • Square Footage: 73,932
  • Price Per Square Foot: $197
  • Address: 1815 E 17th Street
  • Market: Homecrest, Brooklyn

The sale of the property was facilitated by Matt Fotis and Dustin Cook of The Fotis Group at Marcus & Millichap. They represented the parties involved in the transaction, ensuring a smooth and successful deal.

Players

Dustin Cook
3 deals$30.6M volume
BROKER

Details

SOLD
IMAGE: Matt Fotis & Dustin Cook DATE: 11/30/2022 ADDRESS: 1815 E 17th Street MARKET: Homecrest, Brooklyn ASSET TYPE: Multifamily BROKERS: Matt Fotis (@FotisMatt) & Dustin Cook - The Fotis Group (@TriboroughMultifamily) Marcus & Millichap (@MarcusMillichap_NY) SALE PRICE: $14,600,000 UNITS: 83 ~ PPU: $175,904 SF: 73,932 ~ PPSF: $197

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