Joe Lichtman Acquires 598 & 600 Myrtle Avenue Multifamily In Brooklyn, Clinton Hill For $3M

The multifamily property located at 598 & 600 Myrtle Avenue in Brooklyn, Clinton Hill has been sold. The transaction took place on October 17, 2019. The property consists of 6,000 square feet, with a total of 6 units. The asking price for the property was $3,100,000, and it was sold for $3,000,000, resulting in a price per square foot of $500. Both properties are fully vacant.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Date: 10/17/2019
• Address: 598 & 600 Myrtle Avenue, Brooklyn, Clinton Hill
• Market: Brooklyn, Clinton Hill
• Asking Price: $3,100,000
• Square Footage: 6,000
• Unit Count: 6

The seller of the property was Dominick Eckenstein, while the buyer was Joe Lichtman. The transaction was facilitated by Marcel Fridman of Barcel Group, who acted as the broker.