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240 New Jersey Avenue
SOLD

Garib Family Acquires Multifamily Property In East New York, Brooklyn For $2.28M

240 New Jersey Avenue

MultiFamily
11,712 SF
clock iconSold 1 year ago
William Watkins
Zachary Fuchs
the dealplayerscompscontact
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Summary

Sale
NEW YORK
MultiFamily
11,712 sqft

Located at 240 New Jersey Avenue in East New York, Brooklyn, this multifamily property was recently sold in a closed transaction. The property consists of 16 units with a total square footage of 11,712. The sale price for this asset was $2,280,000, resulting in a price per unit of $142,500 and a price per square foot of $194.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,280,000
  • Units: 16
  • Price per Unit: $142,500
  • Square Footage: 11,712
  • Price per Square Foot: $194
  • Market: East New York, Brooklyn

The buyer of the property is the Garib Family, while the seller is Simon Marom. Zachary Fuchs from GFI Realty Services LLC represented both parties in the transaction.

Players

  • All

    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

William Watkins's profile picture
William Watkins
GFI Realty Services-image
Director - Real Estate Finance
$2.3M Sold

Details

Deal Summary
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SOLD
IMAGE: Zachary Fuchs DATE: 05/19/2022 ADDRESS: 240 New Jersey Avenue MARKET: East New York, Brooklyn ASSET TYPE: Multifamily BUYER: Garib Family SELLER: Simon Marom BROKER: Zachary Fuchs (@ZacharyDFuchs) - GFI Realty Services LLC (@GFIRealty) SALE PRICE: $2,280,000 UNITS: 16 ~ PPU: $142,500 SF: 11,712 ~ PPSF: $194

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Address240 New Jersey Avenue

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