Corner Street Capital Acquires 35-Unit Rental In Brooklyn For $36.1M
58 Palmetto Street
Other
26,035 SF
26,035 SF
Sold 1 year ago
Summary
Corner Street Capital, represented by Ross Banon, completed the acquisition of a rental property in Brooklyn. The property is located at 58 Palmetto Street, 177 Palmetto Street, and 540 Driggs Avenue. The transaction took place on September 6, 2022.
Summary of transation details
- Property Type: Rental
- Transaction Amount: $36,100,000
- Buyer: Corner Street Capital - Ross Banon
- Seller: Joel Schwartz & Shaindy Schwartz
- Units: 35
- Price per Unit (PPU): $1,031,428
- Square Footage: 26,035
- Price per Square Foot (PPSF): $1,386
The buyer, Corner Street Capital, was represented by Ross Banon. The seller of the property was Joel Schwartz and Shaindy Schwartz.
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58 Palmetto Street
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