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

Property Image
SOLD
$81,557,316

New York

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MultiFamily3,741,910 SF
Sold
the dealdetailscomps
Property Image
SOLD

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

280 E 21st St, Brooklyn, NY 11226, USA

See Similar Deals
MultiFamily3,741,910 SF
Sold
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$21
Total Square Footage:3741910 SF
Transaction Type:Sale

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.

Details

SOLD
IMAGE: Rick Gropper & Andrew Moelis DATE: 05/01/2020 ADDRESS: 211 Linden Blvd, 280 E. 21st St., 816 Ocean Ave., 666 Ocean Ave., 682 Ocean Ave., 95 E. 18th St., 91 E. 18th St. MARKET: Flatbush ASSET TYPE: Multifamily PRICE: $81,557,316 SF: 374,191 PPSF: $217 UNITS: 350 PPU: $233,020 BUYER: Camber Property Group – Rick Gropper […]

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