Iannelli Family Sells Multifamily Property In Bay Ridge, Brooklyn For $3.775M
8124 Ridge Boulevard
MultiFamily
23,900 SF
23,900 SF
Sold 1 year ago
Summary
Located in Bay Ridge, Brooklyn, the multifamily property at 8124 Ridge Boulevard has been sold. The transaction took place on February 23, 2022, with a sale price of $3,775,000. The property consists of 21 units, with a price per unit (PPU) of $179,761. Spanning 23,900 square feet, the property has a price per square foot (PPSF) of $157.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,775,000
- Units: 21
- PPU: $179,761
- SF: 23,900
- PPSF: $157
The property was sold by the Iannelli Family. The deal was facilitated by John Brennan and Matt Dittmeier from Marcus & Millichap, who acted as the brokers representing the seller in this transaction.
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8124 Ridge Boulevard
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