facebook
Traded Co logo
Submit

Palladium Property Group Acquires Multifamily Property In Flatbush For $1 Million

Property Image
SOLD

New York

See Similar Deals
MultiFamily31,980 SF
Sold 03/22/2018
the dealplayerscompscontact
Property Image
SOLD

Palladium Property Group Acquires Multifamily Property In Flatbush For $1 Million

223 Martense St, Brooklyn, NY 11226, USA

See Similar Deals
MultiFamily31,980 SF
Sold 03/22/2018
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:31,980 SF
Transaction Type:Sale

A multifamily property located at 275 Martense Street in Flatbush has been sold for $1,000,000. The property spans 8,976 square feet, resulting in a price per square foot of $111. It consists of 8 units, with a price per unit of $125,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Address: 275 Martense Street, Flatbush
  • Market: Flatbush
  • Size: 8,976 square feet
  • Price per Square Foot: $111
  • Units: 8
  • Price per Unit: $125,000

The sellers of the property are John & Mathilda Brathwaite. The buyers are Palladium Property Group, represented by Nuchem Obstfeld. The deal was facilitated by Erik Rodriguez from Rodriguez Commercial Realty (RCR).

Players

Shay Zach
16 deals$104.4M volume
BROKER

BUYER

Details

SOLD
IMAGE: Erik Rodriguez DATE: 01/17/2020 ADDRESS: 275 Martense Street MARKET: Flatbush ASSET TYPE: Multifamily SALE PRICE: $1,000,000 SF: 8,976 PPSF: $111 UNITS: 8 PPU: $125,000 SELLER: John & Mathilda Brathwaite BUYER: Palladium Property Group- Nuchem Obstfeld BROKER: Erik Rodriguez – Rodriguez Commercial Realty (RCR)

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00