The Community Preservation Corporation, The Community Development Trust, Monadnock Development, Red Stone Equity Partners & The Black Developers Network Triboro Acquire NYC LIHTC Portfolio Multifamily For $36.5M
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This MultiFamily property located in NY was sold for $36,500,000 about 2 years ago. The brokers of the deal were Victor Sozio and Shimon Shkury
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- LocationBrooklyn, New York, United States
- Sale Price$36,500,000$34 PPSF
- Area1,074,191 SF
- Asset TypeMultiFamily
- Parties2 Brokers, 1 Agency
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Deal Summary
SALE
IMAGE: Victor Sozio & Shimon Shkury
DATE: 01/10/2022
ADDRESS: NYC LIHTC Portfolio
MARKET: Brooklyn, Bronx, Manhattan
ASSET TYPE: Multifamily
BUYER: The Community Preservation Corporation (CPC), The Community Development Trust (CDT), Monadnock Development, Red Stone Equity Partners & The Black Developers Network Triboro
SELLER: Dunn Development Corp. - Martin Dunn
BROKERS: Victor Sozio & Shimon Shkury - Ariel Property Advisors (@ArielPA.NYC)
SALE PRICE: $36,500,000 (Partial Interest)
UNITS: 1,036 ~ SF: 1,074,191
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Ariel Property Advisors brokers deal for $36,500,000 in New York City
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