64 Howard Avenue

This MultiFamily property located in New York was sold for $2,110,000 almost 2 years ago. The brokers of the deal were Erik Cooper and Ari Harkov

Location
64 Howard Avenue, Ocean Hill, Brooklyn, NY 11221, USA
Sold Value
$2,110,000
$781 PPSF
Area
2,700 SF
Asset Type
MultiFamily
Parties
2 Brokers, 2 Agencies

Agents

Ari Harkov

Brown Harris Stevens

Deals70

Sold$ 362,939,921

Agencies

Social

Deal Summary:

SALE IMAGE: George Giannopoulos, Richard Wheeler & Jeffrey Znaty DATE: 10/28/2021 ADDRESS: 64 Howard Avenue MARKET: Bedford-Stuyvesant ASSET TYPE: Multifamily ~ ZONING: R6B SELLER: Kings Capital (@KingsCapitalRE) BUYER’S REP: Ari Harkov (@AriHarkov) (@HarkovLewisTeam) - Brown Harris Stevens SELLER’S REP: Erik Cooper - @Quantierra_ SALE PRICE: $2,110,000 SF: 2,700 ~ PPSF: $781 UNITS: 3 ~ PPU: $703,333 NOTE FROM @KingsCapitalRE: Kings Capital acquired the property in 2017 for $850,000. After successfully repositioning the property, an opportunity to exit to a qualified buyer presented itself in an off-market transaction. We are currently in contract on 5 properties and remain very active in seeking value-add opportunities throughout the boroughs, & garden-style apartments nationally. Please submit any opportunities to Deals@kingscapitalre.com Special thank you to the Law Offices of Joseph Cohen for their great work during this transaction @JosephCohenESQ