SOLD
LMR Properties Acquires Two-Building Package In East Flatbush For $2.5M
1118 Lenox Road & 632 East 96th Street
MultiFamily
13,635 SF
13,635 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
13,635 sqft
A two-building package in East Flatbush has been sold for $2,500,000. The property consists of 15 apartments with a total area of 13,635 square feet. The sale price per square foot is $183.35. The buildings are located at 1118 Lenox Road and 632 E 96th Street.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Market: East Flatbush
- Address: 1118 Lenox Road & 632 E 96th Street
The seller of the property is Jeff Steltzer, while the buyer is LMR Properties, represented by Mendel Mochkin. The transaction was facilitated by Brian Underkofler, Steve Reynolds, Derek Bestreich, and Tom Reynolds from BRG_CRE.
This deal represents a successful transaction in East Flatbush, involving a package of two buildings. The sale of these 15 apartments signifies the growth and potential of the multifamily market in this neighborhood.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Brian Underkofler, Steve Reynolds, Derek Bestreich and Tom Reynolds
DATE: 01/09/2019
ADDRESS: 1118 Lenox Road & 632 E 96th Street
MARKET: East Flatbush
ASSET TYPE: Multifamily
PRICE: $2,500,000
SF: 13,635 ~ PPSF: $183.35.35
UNITS: 15 apartments
SELLER: Jeff Steltzer
BUYER: LMR Properties – Mendel Mochkin
BROKER: Brian Underkofler, Steve Reynolds, Derek Bestreich, & Tom Reynolds @BRG_CRE
NOTES: Two-Building PackageView on map
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Address1118 Lenox Road & 632 East 96th Street
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