Arch Companies Acquires Multifamily Property In Prospect Lefferts Gardens For $58M | 1580 Nostrand Avenue | Greg Corbin, Aaron Jungreis | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

132,000 sqft

The multifamily property located at 1580 Nostrand Ave. in Prospect Lefferts Gardens has been sold in a recent transaction. The sale was facilitated by brokers Greg Corbin and Aaron Jungreis from Rosewood Realty Group. The buyer, represented by Jeffrey Simpson of Arch Companies, purchased the property from Madison Realty Capital.

Summary of transation details

Property Type: Multifamily
Sale Price: $58,000,000
Square Footage: 132,000
Price per Square Foot: $439
Number of Units: 210
Price per Unit: $276,190

The sale of this multifamily property marks a significant transaction in Prospect Lefferts Gardens. Greg Corbin and Aaron Jungreis from Rosewood Realty Group played a crucial role as the brokers representing both the buyer, Jeffrey Simpson, and the seller, Madison Realty Capital.

Read Less

Players

All
4

Agents
2
Agencies
2

$698.5M Sold

$2.7B Sold

Details

Deal Summary

SOLD

IMAGE: Greg Corbin & Aaron Jungreis DATE: 05/06/2022 ADDRESS: 1580 Nostrand Ave. MARKET: Prospect Lefferts Gardens ASSET TYPE: Multifamily BUYER: Jeffrey Simpson - Arch Companies (@ArchCompanies) SELLER: Madison Realty Capital (@MadisonRealtyCapital) BROKERS: Greg Corbin (@TheCorbinGroup) & Aaron Jungreis (@AaronJungreis) - Rosewood Realty Group (@RosewoodRG) SALE PRICE: $58,000,000 SF: 132,000 ~ PPSF: $439 UNITS: 210 ~ PPU: $276,190

View on map

Address1580 Nostrand Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want