After a short market time, 1553 Realty LLC sold its 45-unit South Brooklyn multifamily building at 1553 Ocean Ave. to RA Realty Group LLC for $4.4 million, or approximately $97,778 per unit. The cap rate was approximately 7.15%.
After a short market time, 1553 Realty LLC sold its 45-unit South Brooklyn multifamily building at 1553 Ocean Ave. to RA Realty Group LLC for $4.4 million, or approximately $97,778 per unit. The cap rate was approximately 7.15%.
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