SOLD
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
Sale
NEW YORK
Other
26,035 sqft
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.
Details
SOLD
IMAGE: Ross Banon
DATE: 09/06/2022
ADDRESS: 58 Palmetto Street, 177 Palmetto Street & 540 Driggs Avenue
MARKET: Brooklyn
ASSET TYPE: Rental
BUYER: Corner Street Capital - Ross Banon
SELLER: Joel Schwartz & Shaindy Schwartz
SALE PRICE: $36,100,000
UNITS: 35 ~ PPU: $1,031,428
SF: 26,035 ~ PPSF: $1,386View on map
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Address58 Palmetto Street
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