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Alchemy Ventures Acquires Multifamily Property In Cobble Hill, Brooklyn For $4.4M

327 Henry Street
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This MultiFamily property located in NY was sold for $4,425,000 over 1 year ago. The brokers of the deal were Shaun Riney, Michael (Mike) Salvatico, Robert (Robbie) Ferman, Luke Sproviero, and Daniel Shawah

A multifamily property located at 327 Henry St. in Cobble Hill, Brooklyn, was recently sold for $4,425,000. The property spans approximately 6,000 square feet, resulting in a price per square foot of $737. The sale took place on September 1, 2022, and involved the buyer, Alchemy Ventures, and the seller, The Honig Family.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,425,000
  • Square Footage: 6,000
  • Price per Square Foot: $737
  • Address: 327 Henry St.
  • Market: Cobble Hill, Brooklyn

The deal was facilitated by the brokers involved, including Shaun Riney, Michael Salvatico, and Robbie Ferman from Marcus & Millichap, as well as Luke Sproviero and Daniel Shawah from Investment Property Realty Group (IPRG).

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Deals
  • Location
    327 Henry Street, Brooklyn, New York 11201, United States327 Henry Street, Brooklyn, New York 11201, United States
  • Sale Price
    $4,425,000$4,425,000
    $737 PPSF$737 PPSF
  • Area
    6,000 SF6,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    5 Brokers, 3 Agencies5 Brokers, 3 Agencies

Agents

Robert (Robbie) Ferman

Robert (Robbie) Ferman

Deals18
Financed$104.6M

Shaun Riney

Shaun Riney

Deals263
Financed$1.4B

Agencies

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

Investment Property Realty Group (IPRG)

Investment Property Realty Group (IPRG)

Agency
Deals1133
Volume$3.8B

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Deal Summary

SALE IMAGE: Michael Salvatico, Shaun Riney, Robbie Ferman, Luke Sproviero & Daniel Shawah DATE: 09/01/2022 ADDRESS: 327 Henry St. MARKET: Cobble Hill, Brooklyn ASSET TYPE: Multifamily BUYER: Alchemy Ventures SELLER: The Honig Family BROKERS: Shaun Riney (@ShaunRiney1), Michael Salvatico (@MikeSalvatico) & Robbie Ferman (@Bobbie_Brownstone) - Marcus & Millichap (@MarcusMillichap_NY), Luke Sproviero (@LukeSproviero) & Daniel Shawah (@DanielJShawah) - Investment Property Realty Group (IPRG) (@IPRG_NYC) SALE PRICE: $4,425,000 SF: 6,000 ~ PPSF: $737

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327 Henry Street

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