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Barberry Rose Management Acquires Multi Family Building In Crown Heights For $11.45M

Property Image
SOLD
Steven Vegh
Lewis Barbanel
MK

New York

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MultiFamily528,000 SF
Sold 06/22/2018
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Property Image
SOLD

Barberry Rose Management Acquires Multi Family Building In Crown Heights For $11.45M

826 Crown St, Brooklyn, NY 11213, USA

See Similar Deals
MultiFamily528,000 SF
Sold 06/22/2018
Steven Vegh
Lewis Barbanel
MK
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:528,000 SF
Transaction Type:Sale

Barberry Rose Management, led by Lewis Barbanel, has acquired a multi-family property located at 826 Crown Street in Crown Heights, New York. The property, spanning 52,800 square feet, consists of 47 units. The transaction was closed on June 22, 2018, with a purchase price of $11,450,000. The price per square foot for the property was $217, and the price per unit was $243,000.

Summary of transaction details

  • Property Type: Multi Family
  • Transaction Amount: $11,450,000
  • Square Footage: 52,800 sf
  • Price per Square Foot: $217
  • Number of Units: 47
  • Price per Unit: $243,000
  • Seller: Martin Kirzner
  • Buyer: Barberry Rose Management - Lewis Barbanel
  • Broker: Steven Vegh AnothaOne

During the transaction, Barberry Rose Management was represented by Steven Vegh from AnothaOne. The deal marks an important acquisition for Lewis Barbanel and further expands Barberry Rose Management's real estate portfolio in the Crown Heights market.

Players

Steven Vegh
Westwood Realty Associates
Steven Vegh
68 deals$2.5B volume(917) 715-8259
BROKER
Steven Vegh
Westwood Realty Associates
Steven Vegh
68 deals$2.5B volume(917) 715-8259
BROKER
MK
Martin Kirzner
4 deals$26.4M volume
BROKER
Lewis Barbanel
Barberry Rose Management
Lewis Barbanel
16 deals$181.6M volume
BUYER

Details

SOLD
IMAGE: Lewis Barbanel and Steven Vegh (@stevenvegh) ADDRESS: 826 Crown Street MARKET: Crown Heights CITY: New York DATE: 06/22/2018 ASSET TYPE: Multi Family PRICE: $11,450,000 SF: 52,800 sf PPSF: $217 UNITS: 47 PPU: 243k SELLER: Martin Kirzner BUYER: Barberry Rose Management – Lewis Barbanel BROKER: Steven Vegh AnothaOne ??

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