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New Jersey Firm Acquires Brooklyn Multifamily for $9.5M

East 35th Street Complex Trades for $121,650 Per Unit
By Felicia Rutledge
November 15, 2007 | 4:48 AM

Minnesota Leasing LLC sold the multifamily facility at 1145 E. 35th St. in Brooklyn, NY, to New Jersey-based King & Queens Holdings LLC for $9.49 million, or approximately $121,650 per unit. The property was constructed in 1955 and measures 89,772 square feet. The six-story property has 78 units. The transaction is related to the purchase of 16 apartment complexes throughout Brooklyn and Queens.

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News | New Jersey Firm Acquires Brooklyn Multifamily for $9.5M