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Abraham Posner Acquires Nursing Home At 945 East 108th Street In Canarsie For $11.4M

Property Image
SOLD
$11,400,000

New York

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Nursing Home33,350 SF
Sold 08/28/2025
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Property Image
SOLD

Abraham Posner Acquires Nursing Home At 945 East 108th Street In Canarsie For $11.4M

945 East 108th Street

See Similar Deals
Nursing Home33,350 SF
Sold 08/28/2025
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Nursing Home
Price Per Square Foot:$341
Total Square Footage:33,350 SF
Transaction Type:Sale

At 945 East 108th Street in Canarsie, Brooklyn, a nursing home was sold. The asset spans 33,350 square feet, with a sale price of $11,400,000. It features a price per square foot of $342 and a building size factor of 97,000, resulting in a price per building size factor of $118.

Summary of transaction details:

  • Property Type: Nursing Home
  • Transaction Amount: $11,400,000
  • Address: 945 East 108th Street
  • Market: Canarsie, Brooklyn
  • Building Size Factor: 97,000
  • Price Per Building Size Factor: $118
  • Square Footage: 33,350
  • Price Per Square Foot: $342
  • Buyer: Abraham Posner
  • Seller: Samuel Sherman
  • Buyer’s Entity: 913 East 108 LLC
  • Seller’s Entity: Fsnr Acquisition Group LLC

Abraham Posner acquired the specialty nursing facility from Samuel Sherman’s company, marking a significant transaction in the nursing care sector. The deal reflects a strategic investment in healthcare real estate by the buyer.

Players

AP
Abraham Posner
3 deals$30M volume
BUYER

Details

SOLD
IMAGE: 08/28/2025 ADDRESS: 945 East 108th Street MARKET: Canarsie, Brooklyn ASSET TYPE: Nursing Home BUYER: Abraham Posner SELLER: Samuel Sherman SALE PRICE: $11,400,000 BSF: 97,000 ~ PPBSF: $118 SF: 33,350 ~ PPSF: $342 NOTE: Abraham Posner, through 913 East 108 LLC, acquired a 33,350 s/f specialty nursing facility at 945 East 108th St. in Canarsie from Samuel Sherman’s Fsnr Acquisition Group LLC for $11.4 million.

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