Sterling Group Acquires Multifamily Property On 19th Street, South Slope, Brooklyn For $1.6M
276 19th Street
3,600 SF
Summary
The multifamily property located at 276 19th Street in Brooklyn, South Slope has been sold in a closed transaction. The property spans 3,600 square feet and was purchased for a sale price of $1,600,000. With an asking price of $1,800,000, the property was sold at a 2.48% capitalization rate and a Gross Rent Multiplier (GRM) of 21.49. The price per square foot (PPSF) for the property is $444.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Market: Brooklyn, South Slope
- Seller: Nicholas Sansano
- Buyer: Sterling Group – Sol Greenberg
- Brokers: Nowak & Partners of Marcus and Millichap – Jesse Kay
The sale of this multifamily property involved key individuals and companies in the real estate market. Nowak & Partners, representing the buyer and seller, facilitated the transaction. Nicholas Sansano acted as the seller, while Sterling Group, led by Sol Greenberg, purchased the property.
Read LessPlayers
All
4
Agents
3
Agencies
1
Details
View on map
Loading...
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want