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Kim Family Acquires Multifamily Property In Crown Heights, Brooklyn For $2.25M

Property Image
SOLD
$2,250,000

New York

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MultiFamily3,510 SF
Sold 12/14/2020
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Property Image
SOLD

Kim Family Acquires Multifamily Property In Crown Heights, Brooklyn For $2.25M

356 New York Avenue, Brooklyn, NY, USA

See Similar Deals
MultiFamily3,510 SF
Sold 12/14/2020
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$641
Total Square Footage:3,510 SF
Transaction Type:Sale

The multifamily property located at 356 New York Avenue in Crown Heights, Brooklyn has been sold for $2,250,000. The property spans 3,510 square feet and has a price per square foot of $641. The sale took place on December 14, 2020. The buyer of the property is the Kim family.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,250,000
  • Market: Crown Heights, Brooklyn
  • Address: 356 New York Avenue
  • Size: 3,510 square feet
  • Price per Square Foot: $641

The seller of the property is Yaron Levy and Jon Azizian from Pearlrock Development. Pearlrock Development is known for acquiring undervalued assets in Brooklyn and transforming them into luxury residences. Tali Berzak from Compass served as the broker in this transaction.

According to Pearlrock Development, their areas of focus for acquiring properties include Brooklyn, Manhattan, Queens, and Long Island.

Players

Tali Berzak
Compass
Tali Berzak
7 deals$20.7M volume(917) 246-8581
BROKER

Details

SOLD
IMAGE: Yaron Levy DATE: 12/14/2020 ADDRESS: 356 New York Avenue MARKET: Crown Heights, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6 BUYER: Kim family SELLER: Yaron Levy & Jon Azizian - Pearlrock Development @PearlPro1 BROKER: Tali Berzak - Compass PRICE: $2,250,000 SF: 3,510 ~ PPSF: $641 NOTE FROM SELLER: Pearlrock Development, has been very active in Brooklyn in recent years acquiring undervalued assets and turning them into luxury residences. Areas of focus: Brooklyn, Manhattan, Queens & Long island.

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