The Rivington Company Acquires Residential Conversion At 185 Marcy Avenue For $28.7M

The property asset involved in this transaction is a residential conversion located at 185 Marcy Avenue in Brooklyn. The sale price was $28,700,000 for a total square footage of 81,348, resulting in a price per square foot of $352.

Summary of transaction details:

• Property Type: Residential Conversion
• Transaction Amount: $28,700,000
• Address: 185 Marcy Avenue
• Market: Brooklyn
• Square Footage: 81,348
• Price Per Square Foot: $352
• Buyer: The Rivington Company
• Seller: One William Street
• Brokers: Ethan Stanton, Brendan Maddigan, Jay Leshinsky & Michael Mazzara - JLL

Key individuals involved in this transaction include The Rivington Company as the buyer and One William Street as the seller. The transaction was facilitated by brokers Ethan Stanton, Brendan Maddigan, Jay Leshinsky, and Michael Mazzara from JLL, who represented the parties in this deal.