SOLD
Magdy Baskharoun Acquires Multifamily Property In Bensonhurst, Brooklyn For $4.5M
1965 bay ridge avenue, brooklyn ny 11204
MultiFamily
23,680 SF
23,680 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
23,680 sqft
The multifamily property located at 1965 Bay Ridge Avenue in Bensonhurst, Brooklyn has been sold for a total price of $4,500,000. The property consists of 27 units, with an average price per unit of $166,667. The total square footage of the property is 23,680, resulting in a price per square foot of $190. The transaction took place on January 4, 2023.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Units: 27
- Average Price per Unit: $166,667
- Total Square Footage: 23,680
- Price per Square Foot: $190
- Address: 1965 Bay Ridge Avenue, Bensonhurst, Brooklyn
- Market: Bensonhurst, Brooklyn
The buyer of the property is Magdy Baskharoun, while the seller is Raviele & Libretti Family. John Brennan from Marcus & Millichap represented the buyer in the transaction.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: John Brennan & John Libretti
DATE: 01/04/2023
ADDRESS: 1965 Bay Ridge Avenue
MARKET: Bensonhurst, Brooklyn
ASSET TYPE: Multifamily
BUYER: Magdy Baskharoun
SELLER: Raviele & Libretti Family (@JohnLibretti)
BROKERS: John Brennan (@TheBrennanTeam) - Marcus & Millichap
SALE PRICE: $4,500,000
UNITS: 27 ~ PPU: $166,667
SF: 23,680 ~ PPSF: $190View on map
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Address1965 bay ridge avenue, brooklyn ny 11204
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