SOLD
Northlink Capital Sells 302-Unit Multifamily Property In Midwood, Brooklyn For $180M With JLL Brokers
1277 East 14th Street
MultiFamily
351,762 SF
351,762 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
351,762 sqft
The multifamily property at 1277 E. 14th St. in Midwood, Brooklyn has been sold for a total price of $180,000,000. The property consists of 302 units with an average price per unit of $596,026. It spans a total area of 265,000 square feet, resulting in a price per square foot of $679.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $180,000,000
- Units: 302
- Price per Unit: $596,026
- Total Square Footage: 265,000
- Price per Square Foot: $679
The sale of this property was facilitated by the broker team from JLL, including Steven Rutman, Jeff Julien, Rob Hinckley, Ethan Stanton, Brendan Maddigan, and Stephen Palmese. They represented the seller, Northlink Capital, in this transaction.
Players
All
7
Agents
6
Agencies
1
Details
SOLD
IMAGE: Rob Hinckley, Jeff Julien, Steven Rutman, Ethan Stanton, Brendan Maddigan & Stephen Palmese
DATE: 03/23/2022
ADDRESS: 1277 E. 14th St.
MARKET: Midwood, Brooklyn
ASSET TYPE: Multifamily
SELLER: Northlink Capital
BROKERS: Steven Rutman, Jeff Julien, Rob Hinckley, Ethan Stanton, Brendan Maddigan (@BrendanMaddigan) & Stephen Palmese - JLL (@JLL)
SALE PRICE: $180,000,000
UNITS: 302 ~ PPU: $596,026
SF: 265,000 ~ PPSF: $679View on map
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Address1277 East 14th Street
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