SOLD
Robert Khoo Acquires Greenwood Heights Multifamily For $1.7M
685 5th Avenue
Retail
7,302 SF
7,302 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Retail
7,302 sqft
An prime Greenwood Heights mixed-use building located at 685 5th Avenue in Brooklyn has been sold in a closed property transaction. The multifamily asset was purchased by Robert Khoo for a sale price of $1,700,000. The building spans across 2,400 square feet, with a price per square foot of $708. The property was listed by its seller, Thomas Pitsillos.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 685 5th Avenue
- Market: Greenwood Heights, Brooklyn
Matt Fotis and Sebastian Altilio from Marcus & Millichap represented both the buyer and seller in this transaction.
The sale of this rare prime Greenwood Heights mixed-use building presents a valuable investment opportunity. With its central location and desirable features, this multifamily property attracted significant interest in the market.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
SOLD
IMAGE: Matt Fotis & Sebastian Altilio
DATE: 08/28/2019
ADDRESS: 685 5th Avenue
MARKET: Greenwood Heights, Brooklyn
ASSET TYPE: Multifamily
SELLER: Thomas Pitsillos
BUYER: Robert Khoo
BROKERS: Matt Fotis & Sebastian Altilio – Marcus & Millichap
ASKING PRICE: $1,950,000
SALE PRICE: $1,700,000
SF: 2,400 PPSF: $708
NOTE: Rare Prime Greenwood Heights Mixed-Use Building. 20 Feet of […]View on map
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Address685 5th Avenue
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