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The Mann Group Acquires Multi-Family Property In Brooklyn For $2.85M

Property Image
SOLD
David Shorenstein
+ 1

New York

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MultiFamily41,000 SF
Sold 05/23/2018
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Property Image
SOLD

The Mann Group Acquires Multi-Family Property In Brooklyn For $2.85M

872 Lorimer St, Brooklyn, NY 11222, USA

See Similar Deals
MultiFamily41,000 SF
Sold 05/23/2018
David Shorenstein
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:41,000 SF
Transaction Type:Sale

The multi-family property located at 872 Lorimer Street in Brooklyn, New York has been sold in a closed transaction. The property spans 4,100 square feet and consists of 6 units. The selling price for the property was $2,850,000, resulting in a price per square foot of $695. The property is situated in the desirable Brooklyn market.

Summary of transaction details

  • Property Type: Multi-Family
  • Transaction Amount: $2,850,000
  • Square Footage: 4,100 sf
  • Price per Square Foot: $695
  • Number of Units: 6
  • Market: Brooklyn
  • Seller: Silvershore Properties – Jason Silverstein and David Shorenstein
  • Buyer: The Mann Group
  • Broker: Barcel GroupMarcel Fridman

In this transaction, Silvershore Properties, represented by Jason Silverstein and David Shorenstein, sold the property to The Mann Group. The Barcel Group, with Marcel Fridman as its representative, acted as the broker for the deal.

Players

Marcel Fridman
141 deals$451.5M volume
BROKER


12 deals$78.4M volume
BUYER

12 deals$78.4M volume
BUYER

David Shorenstein
60 deals$187.3M volume
SELLER

Jason Silverstein
7 deals$12.4M volume
SELLER

Details

SOLD
IMAGE: Marcel Fridman, Jason Silverstein and David Shorenstein (@Shoreshot1) DATE: 05/23/2018 ADDRESS SHOWN: 872 Lorimer Street CITY: New York MARKET: Brooklyn ASSET TYPE: Multi-Family PRICE: $2,850,000 SF: 4,100 sf PPSF: $695 UNITS: 6 CAP RATE: 5% SELLER: Silvershore Properties – Jason Silverstein and David Shorenstein BUYER: The Mann group BROKER: Barcel Group – Marcel Fridman […]

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