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Brown Harris Stevens Acquires Multifamily Property In Crown Heights, Brooklyn For $1.6M

1581 Pacific Street
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This MultiFamily property located in NY was sold for $1,600,000 over 2 years ago. The brokers of the deal were Ari Harkov and John Brennan

A multifamily property located at 1581 Pacific Street in Crown Heights, Brooklyn was recently sold. The sale took place on 11/12/2021, with a sale price of $1,600,000. The property consists of 4 units, with an average price per unit (PPU) of $400,000. The total square footage of the property is 3,456, resulting in a price per square foot (PPSF) of $462.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,600,000
  • Address: 1581 Pacific Street
  • Market: Crown Heights, Brooklyn

The seller of the property was Benjamin Mor. Representing the buyer was Ari Harkov from Brown Harris Stevens, and representing the seller was John Brennan from Marcus & Millichap.

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Deals
  • Location
    1581 Pacific Street, Crown Heights, Brooklyn, NY, USA1581 Pacific Street, Crown Heights, Brooklyn, NY, USA
  • Sale Price
    $1,600,000$1,600,000
    $463 PPSF$463 PPSF
  • Area
    3,456 SF3,456 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

John Brennan

John Brennan

Deals58
Sold$117M

Agencies

Brown Harris Stevens

Brown Harris Stevens

Agency
Deals273
Volume$2.7B

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: John Brennan & Ari Harkov DATE: 11/12/2021 ADDRESS: 1581 Pacific Street MARKET: Crown Heights, Brooklyn ASSET TYPE: Multifamily SELLER: Benjamin Mor BUYER’S REP: Ari Harkov (@AriHarkov) - Brown Harris Stevens SELLER’S REP: John Brennan (@TheBrennanTeamOfMM) - Marcus & Millichap SALE PRICE: $1,600,000 UNITS: 4 ~ PPU: $400,000 SF: 3,456 ~ PPSF: $462

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1581 Pacific Street

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