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Nathan Obstfeld Acquires Multifamily Property On Wyckoff Avenue For $12.775M

Property Image
SOLD
$12,775,000
Michael (Mike) Salvatico
Daniel Greenblatt
Shaun Riney

New York

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MultiFamily61,356 SF
Sold 05/10/2024
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Property Image
SOLD

Nathan Obstfeld Acquires Multifamily Property On Wyckoff Avenue For $12.775M

70 Wyckoff Avenue

See Similar Deals
MultiFamily61,356 SF
Sold 05/10/2024
Michael (Mike) Salvatico
Daniel Greenblatt
Shaun Riney
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$208
Total Square Footage:61,356 SF
Transaction Type:Sale

The multifamily property located at 70 Wyckoff Avenue in Bushwick, Brooklyn was sold for $12,775,000. The property comprises 50 units with a price per unit of $255,500. The total square footage of the property is 61,356, translating to a price per square foot of $208.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $12,775,000
  • Units: 50
  • Price Per Unit: $255,500
  • Square Footage: 61,356
  • Price Per Square Foot: $208
  • Address: 70 Wyckoff Avenue, Bushwick, Brooklyn
  • Market: Bushwick, Brooklyn
  • Buyer: Nathan Obstfeld
  • Seller: Goldman Family
  • Brokers: Shaun Riney, Michael Salvatico & Daniel Greenblatt - Marcus & Millichap

The sale of the property was facilitated through the representation of Shaun Riney, Michael Salvatico, and Daniel Greenblatt from Marcus & Millichap. Nathan Obstfeld acquired the property from the Goldman Family in this transaction.

Players

Michael (Mike) Salvatico
Marcus & Millichap
Michael Salvatico
173 deals$787M volume(718) 475-4358
BROKER
Daniel Greenblatt
Marcus & Millichap
Daniel Greenblatt
69 deals$263.4M volume
BROKER
Shaun Riney
Marcus & Millichap
Shaun Riney
357 deals$1.8B volume(718) 475-4369
BROKER

Details

SOLD
IMAGE: Daniel Greenblatt, Shaun Riney & Michael Salvatico DATE: 05/10/2024 ADDRESS: 70 Wyckoff Avenue MARKET: Bushwick, Brooklyn ASSET TYPE: Multifamily BUYER: Nathan Obstfeld SELLER: Goldman Family BROKERS: Shaun Riney (@ShaunRiney1), Michael Salvatico (@MikeSalvatico) & Daniel Greenblatt (@DealBlatt) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $12,775,000 UNITS: 50 ~ PPU: $255,500 SF: 61,356 ~ PPSF: $208

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