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189 Sterling Place, 442 Sterling Place, 429 Sterling Place, 196 7th Avenue, 801 Ocean Avenue, & 743 Washington Avenue
SOLD

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
clock iconSold 1 year ago
David Schechtman
Aaron Jungreis
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Summary

Sale
NEW YORK
MultiFamily
70,406 sqft

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.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

David Schechtman's profile picture
David Schechtman
Meridian Capital Group-image
Senior Executive Managing Director
$1.4B Sold
Aaron Jungreis's profile picture

Details

Deal Summary
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SOLD
IMAGE: Yonatan Binman, Rony Kravel, Aaron Jungreis, Jonathan Bakhash & Jonathan Douek DATE: 05/26/2021 ADDRESS: 189 Sterling Pl. 442 Sterling Pl., 429 Sterling Pl., 196 7th Ave., 801 Ocean Ave. & 743 Washington Ave. MARKET: Prospect Heights ASSET TYPE: Multifamily portfolio BUYER: Shel Capital - Rony Kravel Jonathan Bakhash, Yonatan Binman, Jonathan Douek & Austen Rabbie & Bluestone Investments BROKER: Aaron Jungreis @RosewoodRG SALE PRICE: $23,250,000 SF: 70,406 ~ PPSF: $330

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Address189 Sterling Place, 442 Sterling Place, 429 Sterling Place, 196 7th Avenue, 801 Ocean Avenue, & 743 Washington Avenue

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