Camber Property Group Acquires Multifamily Portfolio In Flatbush For $81.6M

211 Linden Blvd, 280 E. 21st St., 816 Ocean Ave., 666 Ocean Ave., 682 Ocean Ave., 95 E. 18th St., and 91 E. 18th St. are the properties involved in this closed transaction in Flatbush. The multifamily assets in this deal span a total area of 374,191 square feet with a price of $81,557,316. The price per square foot is $217, and there are a total of 350 units, resulting in a price per unit of $233,020.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $81,557,316
• Square Footage: 374,191
• Price per Square Foot: $217
• Number of Units: 350
• Price per Unit: $233,020

Camber Property Group, represented by Rick Gropper, is the buyer in this transaction. The deal involving these properties took place in the Flatbush market.