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287 Classon Avenue
SOLD

Kalli Neamonitis Purchases Multifamily Property In Clinton Hill, Brooklyn For $2.85M

287 Classon Avenue

MultiFamily
6,795 SF
clock iconSold 66 days ago
Jason Farese
Andrew Bronsteen
Daniel Greenblatt
+ 2
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Summary

Sale
NEW YORK
MultiFamily
6,795 sqft

Located at 287 Classon Avenue in Clinton Hill, Brooklyn, this multifamily property spans 6,795 square feet. The property was sold for $2,850,000, resulting in a price per square foot of $419. The transaction took place on May 17, 2024, with Kalli Neamonitis acquiring the property from Robert Roubian.

Summary of transation details:

The team from Marcus & Millichap consisting of Shaun Riney, Andrew Bronsteen, Daniel Greenblatt, and Jason Farese facilitated this successful transaction. The note from the broker highlights a 6.12 cap rate for the property, which features a mix of 50 percent FM units and 50 percent RS units. Additionally, the NYM group at Marcus & Millichap is on track to finalize more than 100 building sales in 2024, showcasing a robust market presence and a keen eye for real estate opportunities.

Players

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    5

  • Agents

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  • Agencies

    1

Jason Farese's profile picture
Jason Farese
Marcus & Millichap-image
Licensed Real Estate Salesperson
$27M Sold

Details

Deal Summary
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SOLD
IMAGE: Andrew Bronsteen, Shaun Riney, Daniel Greenblatt & Jason Farese DATE: 05/17/2024 ADDRESS: 287 Classon Avenue MARKET: Clinton Hill, Brooklyn ASSET TYPE: Multifamily BUYER: Kalli Neamonitis SELLER: Robert Roubian BROKERS: Shaun Riney (@ShaunRiney1), Andrew Bronsteen (@BkBronsteen), Daniel Greenblatt (@DealBlatt) & Jason Farese (@JrFaresenymf) - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $2,850,000 SF: 6,795 ~ PPSF: $419 NOTE FROM BROKER: 6.12 cap rate with 50 percent FM units and 50 percent RS units. Make contact to sell a similar hybrid FM/RS opportunity. NYM group of Marcus & Millichap is on pace to close over 100 buildings in 2024 despite market conditions. There is a buyer for every deal and a clearing price for every address if you work at it.

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Address287 Classon Avenue

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