THR Owner II, LLC Acquires Multifamily Property In Clinton Hill For $2.86M

The multifamily property located at 470 Classon Ave. in Clinton Hill has been sold for a price of $2,860,000. The property spans a total square footage of 2,380, resulting in a price per square foot of $1,201. The sale took place on April 1, 2022. The transaction involved the buyer THR Owner II, LLC and the sellers Giovanni Castro and Maurice Harper.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,860,000
• Address: 470 Classon Ave.
• Market: Clinton Hill
• Square Footage: 2,380

Representing the buyer, David Chang from Compass played a key role in facilitating the transaction. Giovanni Castro, also from Compass, represented the sellers. Their expertise and negotiation skills were instrumental in the successful completion of the sale.