SOLD
UDR Acquires Multifamily Property On 395 Leonard St. In Brooklyn For $132.2M
395 Leonard Street
MultiFamily
140,000 SF
140,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
140,000 sqft
An multifamily property located at 395 Leonard St. in Brooklyn was recently sold in a closed transaction. The property spans an area of 140,000 square feet and was sold for a total price of $132,200,000. With a price per square foot of $944 and a price per unit of $700,000, this property offers a significant investment opportunity in the Brooklyn market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $132,200,000
- Address: 395 Leonard St.
- Market: Brooklyn
UDR was the buyer in this transaction, while the property was sold by the Rabsky Group. overseeing the deal were David Krantz & Paul Leibowitz of Avills Studley, who represented the parties involved.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: David Krantz & Paul Leibowitz
DATE: 02/15/2019
ADDRESS: 395 Leonard St.
MARKET: BK
ASSET TYPE: Multifamily
PRICE: $132,200,000
SF: 140K
PPSF: $944
PPU: $700K
BUYER: UDR
SELLER: @RabskyGroup
BROKER: David Krantz & Paul Leibowitz - @Savills StudleyView on map
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Address395 Leonard Street
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