Top 5 NYC Multifamily Sales

PropertyShark compiled the top 5 sales in multifamily for February 2017 in New York City.

 

Source: PropertyShark, a Yardi Systems Inc. company
Source: PropertyShark, a Yardi Systems Inc. company
1236 Grand Concourse, Bronx
1236 Grand Concourse, Bronx

1. 1236 Grand Concourse, Bronx
Sale Price: $5,200,000

Offering 31 residential units with an average size of 926 square feet, this five-story property located in Concourse Village was purchased by The Morgan Group.

2. 356 President St., Brooklyn
Sale Price: $3,800,000

This three-family residential property houses a total of 4,532 square feet of space and is located in the Carroll Gardens Historic District.

3. 12 Belvedere St., Brooklyn
Sale Price: $3,000,000

Originally built in 1931, the four-story walk-up apartment building offers 6,000 square feet of residential space across eight units and 240 square feet of retail space.

4. 31-20 38th St., Queens
Sale Price: $3,000,000

Located in the South Astoria neighborhood, this three-unit property offers 2,784 square feet of space on three floors.

5. 113 Gates Ave., Brooklyn
Sale Price: $3,000,000

With an average unit size of 547 square feet, this five-unit asset was originally built in 1987 and houses a total of 2,736 square feet of residential space in the Clinton Hill Historic District.