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Marcus & Millichap Brokers Sell Multifamily Portfolio In Prospect Park South For $9M

Property Image
SOLD
$9,000,000
Daniel Greenblatt
Shaun Riney
+ 2

New York

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MultiFamily432,600 SF
Sold 06/06/2019
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Property Image
SOLD

Marcus & Millichap Brokers Sell Multifamily Portfolio In Prospect Park South For $9M

46 Linden Blvd, Brooklyn, NY 11226, USA

See Similar Deals
MultiFamily432,600 SF
Sold 06/06/2019
Daniel Greenblatt
Shaun Riney
+ 2
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$20
Total Square Footage:432,600 SF
Transaction Type:Sale

Three multifamily properties located at 46 Linden Boulevard, 50 Linden Boulevard, and 54 Linden Boulevard in Prospect Park South have recently been sold. The transaction took place on June 6, 2019. The properties comprise a total of 43,260 square feet and were sold for a price of $9,000,000. The asking price for these properties was $9,750,000, resulting in a slight discount from the initial listing price. The sale price per square foot is $208, indicating a fair market value of the properties. The buyer, John Warren, acquired the properties from the seller, @EdenAshourzadeh.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $9,000,000
  • Address: 46 Linden Boulevard, 50 Linden Boulevard, and 54 Linden Boulevard
  • Market: Prospect Park South
  • Square footage: 43,260

The deal was facilitated by the brokerage firm Marcus & Millichap, with representation from Shaun Riney, Dan Greenblatt, and Zalman Yarmush. These brokers played a crucial role in ensuring a successful transaction between the buyer and seller.

Players

Zalman Yarmush
25 deals$90.8M volume(347) 534-7267
BROKER

Daniel Greenblatt
Marcus & Millichap
69 deals$263.4M volume
BROKER

Shaun Riney
Marcus & Millichap
355 deals$1.8B volume(718) 475-4369
BROKER


36 deals$116.7M volume
SELLER

36 deals$116.7M volume
SELLER

Details

SOLD
IMAGE: Zalman Yarmush, @ShaunRiney1, Dan Greenblatt DATE: 06/06/2019 ADDRESS: 46 Linden Boulevard, 50 Linden Boulevard, 54 Linden Boulevard MARKET: Prospect Park South ASSET TYPE: Multifamily ASKING PRICE: $9,750,000 SALE PRICE: $9,000,000 SF: 43,260 PPSF:$208 SELLER: @EdenAshourzadeh BUYER: John Warren BROKERS: Shaun Riney, Dan Greenblatt, Zalman Yarmush – Marcus & Millichap

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