Press Release
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Jacob Namdar Of NH Property Group Acquires Mixed-Use Building At 185 Malcolm X Boulevard For $1.56M
The mixed-use property located at 185 Malcolm X Boulevard in Brooklyn was sold for $1,560,000. This building encompasses a total square footage of 4,680 and is valued at approximately $333 per SF.
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Silber Family Purchases Fully Renovated Multifamily Building From DHM Real Estate For $2.05M
The property involved in this transaction is a fully renovated multifamily building situated at 594 Franklin Avenue in Brooklyn. This asset comprises 4 units, covering a total square footage of 3,296, and was sold at a price of $2,050,000, resulting in a price per unit of $512,500 and a price per square foot of $621.
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Abe Betesh And Joey Betesh Acquire Mixed-Use Building At 822 Broadway For $2.06M
The property involved in this transaction is a mixed-use building located at 822 Broadway in Brooklyn. The closing price was $2,060,000, representing a valuation of $494 per square foot for the 4,169 square foot structure. This free market property includes three renovated apartments and a retail space that is long-term leased to Little Caesars, situated at the border of Bushwick and Williamsburg.
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Sohrab Khodabakhsh Sells 854 Prospect Place Multifamily In Crown Heights For $2.05M
This multifamily property located at 854 Prospect Place in Brooklyn comprises 4 units and spans 3,600 square feet. The sale price for this off-market transaction was $2,050,000, translating to a price per unit of $512,500 and a price per square foot of $569. The property was sold fully vacant and required a full gut renovation.
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Hing Sing Acquires Multifamily Building At 576 Washington Avenue In Clinton Hill For $3.5M
Bijou Equities has successfully completed this off-market sale in Clinton Hill, Brooklyn. The property is a fully gut renovated, and Free Market, 8-unit building in prime Brooklyn. The property sold for $3,500,000 which equated to a 6.15% Cap Rate and about $600/psf.
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CO’s 30 Under 30: The Top Leasing and Sales Professionals of 2018
The young leasing and sales professionals to watch in 2018—and beyond.
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2019 Ones to Watch: Fred Bijou, TerraCRG
“My greatest success in the past 12 months would be taking on the responsibility of leading a real estate team at TerraCRG.”