FBE Limited Acquires Multifamily Property In Crown Heights, Brooklyn For $30.5M | 429 Lincoln Place | Zachary (Zach) Hering, Sean Lefkovits, Rami Polinsky | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

56,700 sqft

The multifamily property located at 781 Washington Avenue in Crown Heights, Brooklyn has been sold. The transaction took place on November 30, 2022.

Summary of transaction details:

Property Type: Multifamily
Sale Price: $30,500,000
Address: 781 Washington Avenue
Market: Crown Heights, Brooklyn

The buyer of the property is FBE Limited, represented by Yehoshua Leib Fruchthandler. The seller is Mendel Kaff.

The property consists of 63 units, with an average price per unit (PPU) of $484,127. It has a building square footage (BSF) of 136,500, with an average price per BSF (PPBSF) of $223. The total square footage (SF) of the property is 47,925, with an average price per square foot (PPSF) of $636.

Players

All
3

Agents
3

Zachary (Zach) Hering

Real Estate Agent

Sean Lefkovits

Managing Principal, Co Founder

$36.6M Sold

Rami Polinsky

Vice President

$17.6M Sold

Details

Deal Summary

SOLD

IMAGE: 11/30/2022 ADDRESS: 781 Washington Avenue MARKET: Crown Heights, Brooklyn ASSET TYPE: Multifamily BUYER: FBE Limited - Yehoshua Leib Fruchthandler SELLER: Mendel Kaff SALE PRICE: $30,500,000 UNITS: 63 ~ PPU: $484,127 BSF: 136,500 ~ PPBSF: $223 SF: 47,925 ~ PPSF: $636

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Address429 Lincoln Place

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