SOLD
Elie Albert Acquires Multifamily Property In Bushwick, Brooklyn For $1.8M From Seller Joseph Salmone
205 Irving Avenue
MultiFamily
4,869 SF
4,869 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
4,869 sqft
A multifamily property located at 205 Irving Ave. in Bushwick, Brooklyn, was recently sold in a closed transaction. The property is classified as a 2A tax class. The sale was facilitated by brokers Steve Schaefer, David Chira, and Michael Chira from The Industry Team at Compass. The transaction took place on September 23, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Address: 205 Irving Ave., Bushwick, Brooklyn
- Market: Bushwick, Brooklyn
- Tax Class: 2A
The buyer of the property is Elie Albert, while the seller is Joseph Salmone. The buyer plans to undertake a substantial renovation and reposition the asset to offer free market rentals. For any inquiries regarding buying or selling properties, interested parties can contact The Industry Team at Compass via email at [email protected].
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Steve Schaefer, Michael Chira & David Chira
DATE: 09/23/2021
ADDRESS: 205 Irving Ave.
MARKET: Bushwick, Brooklyn
ASSET TYPE: Multifamily ~ TAX CLASS: 2A
BUYER: Elie Albert
SELLER: Joseph Salmone
BROKERS: Steve Schaefer (@RockNRollaRealtor), David Chira & Michael Chira (@TheChiraTwins) (The Industry Team) (@IndustryTeam) - Compass (@Compass)
SALE PRICE: $1,800,000
SF: 4,869 ~ PPSF: $369
UNITS: 6 ~ PPU: $300,000
NOTE FROM BROKER: Off Market vacant 6 family over 10+ Years. Buyer will undergo substantial rehab & reposition asset to free market rentals. Looking to buy or sell contact The Industry Team with Compass - [email protected]View on map
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Address205 Irving Avenue
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