SOLD
Pir Granoff & Douglas Baillie Acquires Crown Heights Multifamily For $4.5M
60 New York Avenue
MultiFamily
9,584 SF
9,584 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
9,584 sqft
A multifamily property located at 60 New York Avenue in Crown Heights, Brooklyn was recently sold in a transaction. The property consists of 8 units and spans a total area of 9,584 square feet. The sale price for this transaction was $4,500,000, resulting in a price per unit of $562,500 and a price per square foot of $470. The transaction was completed with a capitalization rate of 5.98%.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Units: 8
- Price per Unit: $562,500
- Square Feet: 9,584
- Price per Square Foot: $470
- Capitalization Rate: 5.98%
Pir Granoff and Douglas Baillie of Aperture Holdings purchased the property from CBZ Management. The transaction was facilitated by brokers Shaun Riney and Daniel Greenblatt from NewYorkMultifamily and MarcusMillichap_NY, respectively.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Shaun Riney, Daniel Greenblatt, Pir Granoff & Douglas Baillie
DATE: 06/09/2021
ADDRESS: 60 New York Avenue
MARKET: Crown Heights, Brooklyn
ASSET TYPE: Multifamily
BUYER: Pir Granoff & Douglas Baillie - Aperture Holdings
SELLER: CBZ Management
BROKERS: Shaun Riney & Daniel Greenblatt @NewYorkMultifamily @MarcusMillichap_NY
SALE PRICE: $4,500,000
UNITS: 8 ~ PPU: $562,500
SF: 9,584 ~ PPSF: $470
CAP: 5.98%View on map
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Address60 New York Avenue
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