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55 Brooklyn Avenue
SOLD

Marcus & Millichap Brokers $3.1M Sale Of Multifamily Property In Crown Heights, Brooklyn

55 Brooklyn Avenue

MultiFamily
9,600 SF
clock iconSold 1 year ago
Zalman Yarmush
Daniel Greenblatt
Shaun Riney
the dealplayerscompscontact
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Summary

Sale
NEW YORK
MultiFamily
9,600 sqft

The multifamily property located at 55 Brooklyn Ave. in Crown Heights, Brooklyn has been sold for a total price of $3,100,000. The property spans 9,600 square feet, resulting in a price per square foot of $322. The transaction took place on September 21, 2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,100,000
  • Address: 55 Brooklyn Ave.
  • Market: Crown Heights, Brooklyn
  • Square Footage: 9,600

The sellers of the property were the Landes Family. The deal was facilitated by the brokers Dan Greenblatt, Shaun Riney, and Zalman Yarmush from Marcus & Millichap. Additional information from the broker includes a Cap Rate of 5.5, a Proforma Cap of 6.9, and an FM of 56%.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Zalman Yarmush's profile picture
Zalman Yarmush
Marcus & Millichap-image
Licensed Real Estate Salesperson
$79M Sold

Details

Deal Summary
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SOLD
IMAGE: Daniel Greenblatt, Shaun Riney & Zalman Yarmush DATE: 09/21/2022 ADDRESS: 55 Brooklyn Ave. MARKET: Crown Heights, Brooklyn ASSET TYPE: Multifamily SELLER: Landes Family BROKERS: Dan Greenblatt (@Dealblatt) Shaun Riney (@ShaunRiney1) & Zalman Yarmush (@ZalmanYarmush) - Marcus & Millichap SALE PRICE: $3,100,000 SF: 9,600 ~ PPSF: $322 NOTE FROM BROKER: CAP RATE: 5.5, PROFORMA CAP: 6.9, FM: 56%

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Address55 Brooklyn Avenue

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