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Mechey Bartholomew Acquires Multifamily Property In East New York From Roy Rave For $629k

708 Vermont Street
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This MultiFamily property located in NY was sold for $629,000 almost 3 years ago. The brokers of the deal were Ariel Mahgerefteh, Aaron Mahgerefteh, and Oron Maher

A multifamily property located at 708 Vermont Street in East New York has been sold for $629,000. The property spans 966 square feet and was sold at a price of $651 per square foot. The sale included a building with a total BSF of 3,847, resulting in a price of $163 per BSF.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $629,000
  • Address: 708 Vermont Street
  • Market: East New York

The buyer in this transaction was Mechey Bartholomew, while the seller was Roy Rave. The deal was facilitated by brokers Ariel Mahgerefteh and Aaron Mahgerefteh from Mahgerefteh Advisory and RNewYorkBrokers, respectively.

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Deals
  • Location
    708 Vermont Street, East New York, Brooklyn, NY, USA708 Vermont Street, East New York, Brooklyn, NY, USA
  • Sale Price
    $629,000$629,000
    $651 PPSF$651 PPSF
  • Area
    966 SF966 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Ariel Mahgerefteh

Ariel Mahgerefteh

Deals17
Sold$53.6M

Aaron Mahgerefteh

Aaron Mahgerefteh

Deals17
Sold$53.6M

Agencies

Compass

Compass

Agency
Deals2902
Volume$20.9B

Maher Commercial Realty

Maher Commercial Realty

Agency
Deals38
Volume$182.2M

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Deal Summary

SALE IMAGE: Aaron Mahgerefteh & Ariel Mahgerefteh DATE: 05/06/2021 ADDRESS: 708 Vermont Street MARKET: East New York ASSET TYPE: Multifamily BUYER: Mechey Bartholomew SELLER: Roy Rave BROKERS: Ariel Mahgerefteh & Aaron Mahgerefteh @MahgereftehAdvisory @RNewYorkBrokers SALE PRICE: $629,000 BSF: 3,847 ~ PPBSF: $163 SF: 966 ~ PPSF: $651

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708 Vermont Street

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