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531 Myrtle Avenue And 100 Steuben Street
SOLD

Ben-Josef Group Acquires Multifamily Property For $40M In Clinton Hill

531 Myrtle Avenue And 100 Steuben Street

MultiFamily
53,409 SF
clock iconSold 275 days ago
Jeffrey (Jeff) Julien
Steven Rutman
Rob Hinckley
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Summary

Sale
NEW YORK
MultiFamily
53,409 sqft

A multifamily property located at 531 Myrtle Avenue & 100 Steuben Street in Clinton Hill has been sold for a total price of $40,000,000. The property consists of 72 units, with a price per unit of $555,556. The total square footage of the property is 53,409, with a price per square foot of $749.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $40,000,000
  • Units: 72
  • Price per Unit: $555,556
  • Square Footage: 53,409
  • Price per Square Foot: $749
  • Address: 531 Myrtle Avenue & 100 Steuben Street
  • Market: Clinton Hill

The buyer of the property is the Ben-Josef Group, represented by Ron Ben-josef. The seller of the property is UBS. The deal was facilitated by brokers Jeffrey Julien, Rob Hinckley, and Steven Rutman from JLL.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Jeffrey (Jeff) Julien's profile picture
Jeffrey (Jeff) Julien
JLL-image
Managing Director
$5.3B Sold
Rob Hinckley's profile picture

Details

Deal Summary
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SOLD
IMAGE: Jeffrey Julien, Rob Hinckley & Steven Rutman DATE: 07/31/2023 ADDRESS: 531 Myrtle Avenue & 100 Steuben Street MARKET: Clinton Hill ASSET TYPE: Multifamily BUYER: Ben-Josef Group - Ron Ben-josef SELLER: UBS BROKERS: Jeffrey Julien, Rob Hinckley (@SRHinckley) & Steven Rutman - JLL (@JLL) SALE PRICE: $40,000,000 UNITS: 72 ~ PPU: $555,556 SF: 53,409 ~ PPSF: $749

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Address531 Myrtle Avenue And 100 Steuben Street

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