Login

Group Sells Flatbush Apt. Assets for $7.5 Million

Ocean Avenue Multifamily Package Fetches $101,351 Per Unit
By Clayton Constable
January 18, 2008 | 3:13 P.M.

A private investment group, NB & SH LLC and Rosbea LLC, sold two apartments buildings totaling 84,232 square feet at 1532 and 1609 Ocean Ave. in Brooklyn, NY, for $7.5 million, or about $101,351 per unit. The seller's capitalization rate was 5.97%.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | Group Sells Flatbush Apt. Assets for $7.5 Million