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54 Cumberland Street
SOLD

Duke Properties Acquires 8-Unit Multifamily Property In Brooklyn For $3.375M

54 Cumberland Street

MultiFamily
6,264 SF
clock iconSold 1 year ago
Thomas (Tom) Shihadeh
Shaun Riney
Jonathan (Jon) Cypers
the dealplayerscompscontact
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Summary

Sale
NEW YORK
MultiFamily
6,264 sqft

A multifamily property located at 54 Cumberland Street in Brooklyn, New York was recently sold for $3,375,000. The property spans 6,264 square feet and has a price per square foot of $539. It consists of 8 units, with an average price per unit of $421,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,375,000
  • Address: 54 Cumberland Street, Brooklyn, New York
  • Market: Brooklyn
  • Square Footage: 6,264 sf
  • Price Per Square Foot: $539
  • Number of Units: 8
  • Price Per Unit: $421,000

The seller of the property was 54 Cumberland Street LLC, represented by Mike Tomlin. The buyer, Duke Properties, was represented by Albert Dweck.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Thomas (Tom) Shihadeh's profile picture
Thomas (Tom) Shihadeh
Marcus & Millichap-image
Regional Manager
$35.2M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: Shaun Riney (@ShaunRiney), Tom Shihadeh (@Mr_Shihadeh), Jon Cypers, Albert Dweck (@AjDweck) and Adam Sultan (@AdamSultan18) DATE: 03/29/2018 ADDRESS: 54 Cumberland Street CITY: New York MARKET: Brooklyn ASSET TYPE: Multifamily PRICE: $3,375,000 SF: 6,264 sf PPSF: $539 UNITS: 8 PPU: 421K SELLER: 54 Cumberland Street LLC – Mike Tomlin BUYER: Duke Properties – Albert Dweck […]

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Address54 Cumberland Street

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