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932-938 Eastern Parkway
SOLD

Sugar Hill Capital Partners Acquires 24-Unit Multifamily Property In Brooklyn, NY For $5.6M

932-938 Eastern Parkway

MultiFamily
12,300 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
MultiFamily
12,300 sqft

The multifamily property located at 932-938 Eastern Parkway in Brooklyn, NY has been sold for $5,600,000. The property consists of 24 units, with a price per square foot of $228. The transaction resulted in a cap rate of 3.8%.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $5,600,000
  • Units: 24
  • Price per Square Foot: $228
  • Cap Rate: 3.8%

Sugar Hill Capital Partners was the buyer in this transaction, while Joseph Scarpinito served as the seller. The deal was facilitated by Jacob Stavsky of VCPRE.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Jacob Stavsky's profile picture
Jacob Stavsky
Stav Equities LLC-image
Founding Partner
$132M Sold

Details

Deal Summary
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SOLD
IMAGE: Jacob Stavsky ADDRESS: 932-938 Eastern Parkway MARKET: Brooklyn, NY ASSET TYPE: Multifamily SELLER: Joseph Scarpinito BUYER: Sugar Hill Capital Partners BROKERS: Jacob Stavsky of @VCPRE PRICE: $5,600,000 UNITS: 24 PPSF: $228 CAP RATE: “3.8%”

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Address932-938 Eastern Parkway

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