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Prestige Development Acquires Multifamily Property In Ocean Hill For $1.36M

464 Marion Street
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This MultiFamily property located in NY was sold for $1,362,500 over 4 years ago. The brokers of the deal were David Soria and Daniel Barcelowsky

A multifamily property located at 464 Marion Street in Ocean Hill has recently been sold in a closed transaction. The property features 2 units and a total square footage of 2,700. The asking price for the property was $1,300,000, and it was eventually sold for $1,362,500, resulting in a price per square foot of $505. The transaction was completed between the seller, Marcelo Krasilic, and the buyer, Prestige Development - Dile Sawn.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,362,500
  • Address: 464 Marion Street
  • Market: Ocean Hill
  • Square Footage: 2,700
  • Asking Price: $1,300,000
  • Price Per Square Foot: $505
  • Units: 2
  • Buyer: Prestige Development - Dile Sawn
  • Seller: Marcelo Krasilic

The deal was facilitated by brokers Daniel Barcelowsky and David Soria from EVRG Realty. The property was a free market building that was delivered vacant, providing potential for the buyer to make their own modifications and improvements.

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Deals
  • Location
    464 Marion St, Brooklyn, NY 11233, USA464 Marion St, Brooklyn, NY 11233, USA
  • Sale Price
    $1,362,500$1,362,500
    $50 PPSF$50 PPSF
  • Area
    27,000 SF27,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

David Soria

David Soria

Deals4
Sold$5M

Agency

Evergreen Realty & Investments

Evergreen Realty & Investments

Agency
Deals39
Volume$63.7M

Deal Summary

IMAGE: David Soria & Daniel Barcelowsky DATE: 11/01/2019 ADDRESS: 464 Marion Street MARKET: Ocean Hill ASSET TYPE: Multifamily ASKING PRICE: $1,300,000 SALE PRICE: $1,362,500 SF: 2,700 / PPSF: $505 UNITS: 2 / PPU: $681,250 SELLER: Marcelo Krasilic BUYER: Prestige Development – Dile Sawn BROKERS: Daniel Barcelowsky, David Soria @evrgrealty NOTE: Free market building delivered vacant, […]

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