Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 sales in multifamily for February 2017 in New York City.
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Source: PropertyShark, a Yardi Systems Inc. company
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.
