Nicholas Pappas Purchases Multifamily Property At 66 Eckford Street Brooklyn For $2.4M

The property asset involved in the transaction is located at 66 Eckford Street in Brooklyn. It is a multifamily building consisting of 2 units with a total square footage of 2,700. The sale price for the property was $2,400,000, resulting in a price per unit of $1,200,000 and a price per square foot of $888.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,400,000
• Units: 2
• Square Footage: 2,700
• Price Per Unit: $1,200,000
• Price Per Square Foot: $888
• Buyer: Nicholas Pappas
• Seller: Jeanine & Robert Grippo
• Brokers: Haley Hasho & John Ricco - Exodus Capital

This transaction was completed with the building delivered vacant, and it was sold at full asking price, as noted by the brokers involved in the deal.