SOLD
AMAC Holdings Acquires Mixed-Use Property In Fort Greene, Brooklyn For $2.85M
368 Myrtle Avenue
Mixed-use
4,000 SF
4,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
4,000 sqft
The mixed-use property located at 368 Myrtle Avenue in Fort Greene, Brooklyn has been sold in a recent closed transaction. The property, which encompasses both residential and commercial spaces, was purchased for a total price of $2,850,000. The transaction took place on July 27, 2018.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $2,850,000
- Address: 368 Myrtle Avenue, Brooklyn
- Neighborhood: Fort Greene
- City: New York
AMAC Holdings, represented by Ivan and Maurice Kaufman, served as the buyer in this transaction. The seller of the property was Edward Vays. The deal was facilitated by brokers from TerraCRG, specifically Adam Hess and others.
The price per square foot for this transaction was calculated to be $713/sqft. Additionally, the property boasted a cap rate of 5.2%.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Aaron Birns, Ivan Kaufman, Adam Hess, Maurice Kaufman and Edward Setton
CLOSING DATE: 7/27/2018
ADDRESS: 368 Myrtle Avenue
CITY: Brooklyn
NEIGHBORHOOD: Fort Greene
CITY: New York
ASSET TYPE: Mixed-Use
PRICE: $2,850,000
BUYER: AMAC Holdings – Ivan & Maurice Kaufman ??
SELLER: Edward Vays
Brokers: @TerraCRG – Adam Hess, […]
PPSF: $713/SF
CAP RATE: 5.2% CAPView on map
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Address368 Myrtle Avenue
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