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Duke Properties Acquires Multifamily Property In Ditmas Park, Brooklyn For $2.6M

Property Image
SOLD
$2,600,000

New York

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MultiFamily6,200 SF
Sold 01/30/2023
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Property Image
SOLD

Duke Properties Acquires Multifamily Property In Ditmas Park, Brooklyn For $2.6M

624 East 17th Street

See Similar Deals
MultiFamily6,200 SF
Sold 01/30/2023
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$419
Total Square Footage:6,200 SF
Transaction Type:Sale

A multifamily property located at 624 East 17th Street in Ditmas Park, Brooklyn, has been sold for $2,600,000. The building offers 6,200 square feet of space, resulting in a price per square foot of $419. The transaction took place on January 30, 2023.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Address: 624 East 17th Street
  • Market: Ditmas Park, Brooklyn
  • Square Footage: 6,200
  • Price per Square Foot: $419

The buyer, Duke Properties, acquired the property from the seller, Obtsfeld Family. The transaction was facilitated by Marcel Fridman from Barcel Group, acting as the broker. It is worth noting that the building was delivered fully vacant, providing the buyer with flexibility in its future use.

Players

Marcel Fridman
Barcel Group
Marcel Fridman
141 deals$451.5M volume
BROKER
Duke Properties
Duke Properties
BUYER

Details

SOLD
IMAGE: Marcel Fridman DATE: 01/30/2023 ADDRESS: 624 East 17th Street MARKET: Ditmas Park, Brooklyn ASSET TYPE: Multifamily BUYER: Duke Properties (@DukeProperties21) SELLER: Obtsfeld Family BROKER: Marcel Fridman (@Mf_1629) - Barcel Group (@BarcelGroups) SALE PRICE: $2,600,000 SF: 6,200 ~ PPSF: $419 NOTE FROM BROKER: Building was delivered fully vacant

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