SOLD
Urban Standard Acquires Mix-Use Property In Brooklyn For $3.1M
482 Tompkins Avenue
Mixed-use
100,000 SF
100,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
100,000 sqft
The mix-use property located at 482 Tompkins Avenue in Brooklyn, New York was recently sold for a total price of $3,072,500. The asset consists of 16 units, including 14 residential units and 2 retail spaces. The property has a cap rate of 5%, indicating the potential return on investment for the buyer, Urban Standard.
Summary of transaction details
- Property Type: Mix-use
- Transaction Amount: $3,072,500
- Address: 482 Tompkins Avenue, Brooklyn, New York
- Market: Brooklyn
- Units: 16 (14 residential and 2 retail)
- Cap Rate: 5%
The seller of the property was SME Capital, represented by Eran Silverberg. The buyer, Urban Standard, acquired the property through the assistance of the broker, Fred Bijou from TerraCRG. Matt Cosentino and Eric Satanovsky also played a role in the transaction as part of the broker team.
Players
All
6
Agents
3
Agencies
2
Lenders
1
Details
SOLD
IMAGE: Fred Bijou, Matt Cosentino and Eran Silverberg (@Esilvs)
DATE: 03/27/2018
ADDRESS: 482 Tompkins Avenue
CITY: New York
MARKET: Brooklyn
ASSET TYPE: Mix-use
PRICE: $3,072,500
UNIT: 16 (14 residential and 2 retail)
CAP RATE: 5%
SELLER: SME Capital – Eran Silverberg
BUYER: Urban Standard
BROKER: @TerraCRG- Fred Bijou (lead) Matt Cosentino and Eric Satanovsky.
NOTES: […]View on map
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Address482 Tompkins Avenue
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