Qui Liu Acquires 6-Unit Multi-Family Building In Dyker Heights, Brooklyn For $1.66M
6911 14th Avenue
MultiFamily
50,280 SF
50,280 SF
Summary
A multi-family property located at 6911 14th Avenue in Dyker Heights, Brooklyn has been sold for a price of $1,660,000. The property spans 5,028 square feet and consists of 6 units. The price per square foot is $330, and the price per unit is $276,666. The property has a capitalization rate of 1.88% and a pro-forma rate of 4.44%. The gross rent multiplier (GRM) is 22.962.
Summary of transaction details
- Property Type: Multi-Family
- Transaction Amount: $1,660,000
- Square Footage: 5,028 SF
- Price Per Square Foot: $330
- Number of Units: 6
- Price Per Unit: $276,666
- Capitalization Rate: 1.88%
- Pro-Forma Rate: 4.44%
- Gross Rent Multiplier (GRM): 22.962
Rita Giura was the seller of the property, while Qui Liu was the buyer. The deal was facilitated by the broker Samuel Finkler from Marcus & Millichap.
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6911 14th Avenue
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