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879 Dekalb Avenue, 419-421 Marcus Garvey Boulevard,...

The Multi Family property located in New York that spans 60,000 square feet sold for $24,625,000 or $410 PPSF. The deal closed 44 months and 14 days ago. The broker of the deal was DJ Johnston

  • Location image 879 Dekalb Ave, Bedford-Stuyvesant, Brooklyn, NY, USA
  • Sold Value
    image $24,625,000
    image $410
  • Asset Type image Multi Family
  • Area image 60,000 SF
  • Parties image1 Broker,1 Agency
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DJ Johnston icon

B6 Real Estate Advisors
  • Deals 53
  • Volume $341,240,000
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Comparables: 879 Dekalb Avenue, 419-421 Marcus Garvey Boulevard, 654 Putnam Avenue, 319 Malcolm X Boulevard, 829 Halsey Street, 804 Macon Street, 808 Macon Street, 814 Macon Street (Bed-Stuy 9 Building Portfolio)

Showing 4 of 44

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Price Icon $21,200,000

  • StatusSOLD, $459 PPSF
  • Date07/29/22
  • Address17 West 125th Street, New York City, New York 10027, United States
  • Address17 West...
  • AssetMULTI FAMILY
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Price Icon $24,000,000

  • StatusSOLD, $1404 PPSF
  • Date07/12/22
  • Address1020-1024 3rd Avenue, New York City, New York 10022, United States
  • Address1020-1024 3rd...
  • AssetMULTI FAMILY
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Price Icon $21,250,000

  • StatusSOLD, $973 PPSF
  • Date06/30/22
  • Address413 East 78th Street, New York City, New York 10075, United States
  • Address413 East...
  • AssetMULTI FAMILY
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Price Icon $21,122,469

  • StatusSOLD, $4801 PPSF
  • Date05/10/22
  • Address26 East 84th Street, New York City, New York 10028, United States
  • Address26 East...
  • AssetMULTI FAMILY
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This Deal on Social

SALE
MAGE: Sam Kooris and DJ Johnston @thejohnstonteam_b6realestate
DATE: 12/06/2018
ADDRESSES: 879 Dekalb Ave, 419-421 Marcus Garvey Blvd, 654 Putnam Ave, 319 Malcolm X Blvd, 829 Halsey St, 804 Macon St, 808 Macon St, 814 Macon St (Bed-Stuy 9 Building Portfolio)
MARKET: Bedford-Stuyvesant, Brooklyn
ASSET TYPE: Multifamily

SELLER: Matthew Wright and David Bowen – IWC Capital
BUYER: Sam Kooris and Alex Horn – Alchemy Ventures
BROKER: DJ Johnston @b6realestate @thejohnstonteam_b6realestate

SALE PRICE: $24,625,000
SF: 60,000 ~ PPSF: $410

NOTES: This portfolio sale consisted of 9 buildings, totaling 81 units, across 60,000 SF. The package was roughly 50% RS, with the remainder of the units being FM or vacant. The sale equates to $300,000 per unit and $410 per SF.

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SALE
MAGE: Sam Kooris and DJ Johnston @thejohnstonteam_b6realestate
DATE: 12/06/2018
ADDRESSES: 879 Dekalb Ave, 419-421 Marcus Garvey Blvd, 654 Putnam Ave, 319 Malcolm X Blvd, 829 Halsey St, 804 Macon St, 808 Macon St, 814 Macon St (Bed-Stuy 9 Building Portfolio)
MARKET: Bedford-Stuyvesant, Brooklyn
ASSET TYPE: Multifamily

SELLER: Matthew Wright and David Bowen – IWC Capital
BUYER: Sam Kooris and Alex Horn – Alchemy Ventures
BROKER: DJ Johnston @b6realestate @thejohnstonteam_b6realestate

SALE PRICE: $24,625,000
SF: 60,000 ~ PPSF: $410

NOTES: This portfolio sale consisted of 9 buildings, totaling 81 units, across 60,000 SF. The package was roughly 50% RS, with the remainder of the units being FM or vacant. The sale equates to $300,000 per unit and $410 per SF.

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Contact DJ Johnston

Mr. Johnston is a Partner, Senior Managing Directors at B6 Real Estate Advisors, where he oversees investment sales in Brooklyn’s...

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