650 Marcy Avenue, Brooklyn | Multi-Family | $3,050,000

Home/Completed/Investment Sales/650 Marcy Avenue, Brooklyn | Multi-Family | $3,050,000

650 Marcy Avenue, Brooklyn | Multi-Family | $3,050,000

Details

Sadya Liberow of Asset CRG Advisors completed the sale of 650 Marcy Avenue for $3,050,000.The property was a brand new 8-family building that sold with a 421-A in place and 6% cap rate. The property is a tax-protected asset & was sold with eight residential vacancies.

  • Lot Size: 1,524 SF (18.83′ X 80.92′)
  • Building Size: 5,543 SF (18.83′ x 49′)
  • Zoning: R7A
  • Cross Streets: Dekalb Avenue & Pulaski Avenue
  • Transportation: [G] subway lines at Marcy-Myrtle Avenues
  • Nearby Retailers: Family Dollar, The Home Depot, C-Town, TD Bank, Shell and more

Additional Information

Asset Type

Multifamily

City

Brooklyn

Neighborhood

Bedford Stuyvesant

Price

$3,050,000

Broker

Sadya Liberow

 

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    Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com