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Center Street Capital Acquires Multifamily Property In Bed Stuy, Brooklyn For $2.7M

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SOLD
$2,700,000

New York

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MultiFamily17,000 SF
Sold 08/27/2020
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SOLD

Center Street Capital Acquires Multifamily Property In Bed Stuy, Brooklyn For $2.7M

385 Monroe Street, Brooklyn, NY 11221

See Similar Deals
MultiFamily17,000 SF
Sold 08/27/2020
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$158
Total Square Footage:17,000 SF
Transaction Type:Sale

A multifamily property located at 385 Monroe Street in Bed Stuy, Brooklyn was recently sold for $2,700,000. The property has a total square footage of 17,000, with a price per square foot of $158. It is zoned as R6B and falls under tax class 2. The lot size measures 50 feet by 100 feet.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,700,000
  • Address: 385 Monroe Street, Bed Stuy, Brooklyn
  • Market: Bed Stuy, Brooklyn
  • Zoning: R6B

The buyer, Center Street Capital represented by Abe Orlofsky, acquired the property from seller Mary E Long. The transaction was facilitated by brokers Shlomo Antebi, Yosef Katz, and Erik Yankelovich from ARG Real Estate. It is worth mentioning that ARG is actively recruiting investment sales agents, and interested individuals can contact Yosef Katz at [email protected] for more information.

Players

Erik Yankelovich
127 deals$1B volume
BROKER

Yosef Katz
Atlas Realty Group
133 deals$1.1B volume
BROKER

Shlomo Antebi
Atlas Realty Group
138 deals$1B volume
BROKER

BUYER

Details

SOLD
IMAGE: Erik Yankelovich (@ErikY79), Yosef Katz & Shlomo Antebi DATE: 08/27/2020 ADDRESS: 385 Monroe Street MARKET: Bed Stuy, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6B BUYER: Center Street Capital - Abe Orlofsky SELLER: Mary E Long BROKERS: Shlomo Antebi, Yosef Katz, Erik Yankelovich - ARG Real Estate @ARG_NYC SALE PRICE: $2,700,000 SF: 17,000 ~ PPSF: $158 TAX CLASS: 2 LOT SIZE: 50 ft x 100 ft NOTE: ARG is actively recruiting talented Investment Sales agents to join their Dynamic team. Email Yosef Katz ([email protected]) for more info.

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