Shel Capital Acquires Prospect Heights Multifamily Portfolio For $23.25M
189 Sterling Place, 442 Sterling Place, 429 Sterling Place, 196 7th Avenue, 801 Ocean Avenue, & 743 Washington Avenue
MultiFamily
70,406 SF
70,406 SF
Sold 1 year ago
Summary
A multifamily portfolio in Prospect Heights has been sold for $23,250,000. The portfolio includes six properties located at 189 Sterling Pl., 442 Sterling Pl., 429 Sterling Pl., 196 7th Ave., 801 Ocean Ave., and 743 Washington Ave. The total square footage of the portfolio is 70,406, resulting in a price per square foot of $330.
Summary of transaction details
- Property Type: Multifamily portfolio
- Transaction Amount: $23,250,000
- Market: Prospect Heights
- Buyer: Shel Capital - Rony Kravel Jonathan Bakhash, Yonatan Binman, Jonathan Douek & Austen Rabbie & Bluestone Investments
- Broker: Aaron Jungreis @RosewoodRG
The buyer of the multifamily portfolio is Shel Capital, represented by Rony Kravel, Jonathan Bakhash, Yonatan Binman, Jonathan Douek, Austen Rabbie, and Bluestone Investments. The broker for the transaction is Aaron Jungreis from RosewoodRG.
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189 Sterling Place, 442 Sterling Place, 429 Sterling Place, 196 7th Avenue, 801 Ocean Avenue, & 743 Washington Avenue
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