Bi Hang Cheng Acquires Multifamily Property In Brooklyn For $4.45M From Seller Linda Galarza | 561 Manhattan Avenue | Shaun Riney | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

55,610 sqft

The multifamily property located at 561 Manhattan Avenue in Brooklyn, New York has been sold in a closed transaction. The property spans 5,561 square feet and consists of 3 units. The sale price for the property was $4,450,000, resulting in a price per square foot of $787.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $4,450,000
Address: 561 Manhattan Avenue
City: New York
Market: Brooklyn
Square Footage: 5,561sf
Price Per Square Foot: $787
Units: 3

The seller of the property was Galarza Family Enterprises LLC, represented by Linda Galarza. The buyer of the property was Bi Hang Cheng. The brokers involved in the deal were Shaun Riney and Mike.

Players

All
2

Agents
1
Agencies
1

Shaun Riney

Licensed Associate Real Estate Broker

$1.4B Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Shaun Riney (@ShaunRiney), Matt Steinberg (@MbSteinberg) and Mike Salvatico (@MikeSalvatico) DATE: 04/03/2018 ADDRESS: 561 Manhattan Avenue CITY: New York MARKET: Brooklyn ASSET TYPE: Multifamily PRICE: $4,450,000 SF: 5,561sf PPSF: $787 UNITS: 3 SELLER: Galarza Family Enterprises LLC – Linda Galarza BUYER: Bi Hang Cheng BROKERS: Shaun Riney, Mike

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Address561 Manhattan Avenue

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