Jack Rothstein Sells Mixed-Use Property On President Street In Crown Heights For $4M
1130-1136 President Street (241 Rogers Avenue)
Mixed-use
8,333 SF
8,333 SF
Sold 1 year ago
Summary
The mixed-use property located at 1130-1136 President Street (241 Rogers Avenue) in Crown Heights was recently sold for $4,000,000. The transaction took place on August 4, 2021, and the property spans an area of 8,333 square feet. With a price per square foot of $480, the property was sold at a capitalization rate of 5.5%.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $4,000,000
- Address: 1130-1136 President Street (241 Rogers Avenue)
- Market: Crown Heights
- Square Footage: 8,333
- Price per Square Foot: $480
- Capitalization Rate: 5.5%
The seller of the property was Jack Rothstein. The sale was facilitated by Adam Hess and Edward Setton from Meridian Capital Group, who represented Jack Rothstein in the transaction.
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1130-1136 President Street (241 Rogers Avenue)
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