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Justin Homapour Acquires Multifamily Property On 6th Avenue In Park Slope, Brooklyn For $3.2M

Property Image
SOLD
$3,200,000

New York

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MultiFamily4,576 SF
Sold 09/27/2023
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Property Image
SOLD

Justin Homapour Acquires Multifamily Property On 6th Avenue In Park Slope, Brooklyn For $3.2M

347 6th Avenue

See Similar Deals
MultiFamily4,576 SF
Sold 09/27/2023
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$699
Total Square Footage:4,576 SF
Transaction Type:Sale

The multifamily property located at 347 6th Avenue in Park Slope, Brooklyn has been sold for a price of $3,200,000. The property consists of four units, with each unit having a per unit price of $800,000. The total square footage of the property is 4,576, resulting in a price per square foot of $699. The transaction took place on September 27, 2023, with Justin Homapour purchasing the property from Russell Lande.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,200,000
  • Units: 4
  • Price per Unit: $800,000
  • Square Footage: 4,576
  • Price per Square Foot: $699
  • Address: 347 6th Avenue, Park Slope, Brooklyn
  • Buyer: Justin Homapour
  • Seller: Russell Lande
  • Brokers: Shaun Riney & Mark Zarrella - Marcus & Millichap

The deal was facilitated by Shaun Riney and Mark Zarrella, who represented the buyer and seller respectively as brokers from Marcus & Millichap. The transaction highlights the successful collaboration between these industry professionals in achieving a favorable outcome for their clients.

Players

Mark Zarrella
38 deals$262.2M volume(718) 475-4376
BROKER

Shaun Riney
Marcus & Millichap
355 deals$1.8B volume(718) 475-4369
BROKER

Justin Homapour
8 deals$16.2M volume
BUYER

Details

SOLD
IMAGE: Mark Zarrella, Shaun Riney & Justin Homapour DATE: 09/27/2023 ADDRESS: 347 6th Avenue MARKET: Park Slope, Brooklyn ASSET TYPE: Multifamily BUYER: Justin Homapour SELLER: Russell Lande BROKERS: Shaun Riney (@ShaunRiney1) & Mark Zarrella (@MarkZarrella) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $3,200,000 UNITS: 4 ~ PPU: $800,000 SF: 4,576 ~ PPSF: $699

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Debt Service Coverage Ratio (DSCR)

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