Daniel Kandinov & Riley O'Donnell Of The Corcoran Group Sell 408 & 410 Monroe Street For $6.61M

408 Monroe Street and 410 Monroe Street, located in Brooklyn's Bedford-Stuyvesant market, comprised a two-property luxury townhouse development. The total sale price was $6,607,100 for the two units, with an average price per unit of $3,303,550. Spanning a total of 8,800 square feet, the development included a fully gut-renovated brownstone and a newly developed two-family townhouse.

Summary of transation details:

• Property Type: Multi-Family
• Transaction Amount: $6,607,100
• Units: 2
• Price Per Unit: $3,303,550
• Square Footage: 8,800
• Address: 408 Monroe Street & 410 Monroe Street
• Market: Brooklyn
• Seller's Representative: Daniel Kandinov & Riley O'Donnell - The Corcoran Group

Daniel Kandinov and Riley O'Donnell from The Corcoran Group represented the seller in this transaction. Their involvement initiated with aiding the acquisition of the two properties, followed by consultation throughout the design and development phase, enhancing the project’s overall value from inception to market. The team successfully marketed and sold both residences, completing the full cycle of the development process.