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Conway Capital Acquires Multifamily Property In Park Slope For $3M

Property Image
SOLD
$3,000,000
Richard (Rich) Velotta
Daniel (Danny) Handweiler
+ 2

New York

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MultiFamily6,300 SF
Sold 11/18/2022
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Property Image
SOLD

Conway Capital Acquires Multifamily Property In Park Slope For $3M

350 5th Street

See Similar Deals
MultiFamily6,300 SF
Sold 11/18/2022
Richard (Rich) Velotta
Daniel (Danny) Handweiler
+ 2
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$476
Total Square Footage:6,300 SF
Transaction Type:Sale

A multifamily property located at 350 5th Street in Park Slope has been sold in a recent transaction. The property consists of eight units with a total square footage of 6,300. The sale price for the property was $3,000,000, resulting in a price per unit of $375,000 and a price per square foot of $476.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Address: 350 5th Street
  • Market: Park Slope
  • Buyer: Connor Domershick & Max Maleh - Conway Capital
  • Brokers: Rich Velotta, Henry Grass & Danny Handweiler - Raven Property Advisors
  • Units: 8
  • Price per Unit: $375,000
  • Square Footage: 6,300
  • Price per Square Foot: $476

The buyer of the property is Connor Domershick and Max Maleh from Conway Capital. The deal was facilitated by brokers Rich Velotta, Henry Grass, and Danny Handweiler from Raven Property Advisors.

Players

Richard (Rich) Velotta
29 deals$402.4M volume
BROKER

Daniel (Danny) Handweiler
Raven Property Advisors
34 deals$327.6M volume(212) 430-5138
BROKER

Henry Grass
7 deals$28.1M volume
BROKER


Max Maleh
Conway Capital
15 deals$57M volume
BUYER

Details

SOLD
IMAGE: Rich Velotta, Connor Domershick, Henry Grass, Max Maleh & Danny Handweiler DATE: 11/18/2022 ADDRESS: 350 5th Street MARKET: Park Slope ASSET TYPE: Multifamily BUYER: Connor Domershick (@ConnorDomer) & Max Maleh (@MaxMaleh) - Conway Capital BROKERS: Rich Velotta (@TeamVelotta), Henry Grass & Danny Handweiler - Raven Property Advisors (@RavenPropertyAdvisors) SALE PRICE: $3,000,000 UNITS: 8 ~ PPU: $375,000 SF: 6,300 ~ PPSF: $476

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