Brooklyn apartments fetch $20M.Marcus & Millichap Real Estate Investment Brokerage Company has negotiated the sale of a 114-unit apartment building at 266 Washington Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent . in Brooklyn. The sales price of $20 million represents a price of $175,439 a unit. Peter Von Der Ahe, a senior associate in the Manhattan office of Marcus & Millichap, along with multi-family investment sales specialists Stephen Matri and Carlo Valencia, represented the buyer and the seller. GFI GFI Ground Fault Interrupter GFI Go For It GFI Government-Furnished Information GFI Growing Families International GFI Goodness of Fit Indices GFI Government Financial Institutions (Philippines) GFI Gross Farm Income was also a broker in the transaction. "This transaction speaks to the continued health of the Brooklyn marketplace and specifically the Clinton Hill Clinton Hill has multiple meanings: Places
Built in 1928, this 105,360 s/f, elevatored building has an additional 38,689 s/f developable air rights. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion