SOLD
Irving Tire Company Acquires Multifamily Property On Broadway For $11M
1487 Broadway
MultiFamily
18,000 SF
18,000 SF
Summary
Sale
NEW YORK
MultiFamily
18,000 sqft
The multifamily property located at 1487 Broadway in Bushwick/Brooklyn was recently sold in a closed transaction. The property spans an area of 18,000 square feet and was sold for a sale price of $11,000,000. The asset was originally listed with an asking price of $11,500,000, resulting in a final price per square foot of $611.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $11,000,000
- Address: 1487 Broadway
- Market: Bushwick/Brooklyn
- Size: 18,000 square feet
The seller of the property was Joseph Banda. On the buyer's side, the property was purchased by Irving Tire Company – The Pliskin Family. Representing the seller and buyer in this transaction were Ilya Tolmasov and Aaron Jungreis from Rosewood Realty Group NY.
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Details
SOLD
IMAGE: Ilya Tolmasov & Aaron Jungreis
DATE: 06/21/2019
ADDRESS: 1487 Broadway
MARKET: Bushwick/Brooklyn
ASSET TYPE: Multifamily
ASKING PRICE: $11,500,000
SALE PRICE: $11,000,000
SF: 18,000 PPSF: $611
SELLER: Joseph Banda
BUYER: Irving Tire Company – The Pliskin Family
BROKERS: Ilya Tolmasov, Aaron Jungreis @rosewoodrealtygroupnyView on map
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Address1487 Broadway
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