Start the Process
Email*
Phone number*
Thank you for contact us
Our team has been notified of your interest and we will contact you shortly
Oops! Something went wrong while submitting the form.
Investment Sales
Capital Markets
Services
About Us
Blogs
available Listings
Deal Alerts
Home
Investment Sales
Exclusive Listings
Closed Deals
1775 E 18th Street & 140 Ocean Parkway
1775 E 18th Street & 140 Ocean Parkway
$
46,000,000
Brooklyn, NY
Multifamily
1941
Vintage
SF
150
Units
Acres
Share Property
Share Property
4 / 5
No items found.
+5
More photos
See exclusive details and submit offers
Access deal room
About the property
The team received 30 offers in writing.
Initial offers came in lower than the asking price, but through the competitive bidding environment the property sold for $1M over asking price.
The property went under contract with 0 contingencies, and sold for below a 3% day one cap rate.
The team helped the buyer do a 1031 exchange into heavy cashflowing NNN properties where they were able to more than double their annual income.
Property Information
Units:
150
Year Built:
Square Feed:
Occupancy:
Year Renovation:
Acres:
Investment Highlights
Contact the Team
Samuel R. Finkler
Senior Vice President, Investment Sales
View profile
Recently Closed Deals
Retail
Walmart SuperCenter
$
Price
Saukville, WI
Units
1992
Multifamily
Oak Residences
$
Price
Lowell, MA
132
Units
1986
Multifamily
Upstate Coliving
$
Price
Spartanburg, SC
72
Units
2005
see all deals
Exclusive Listings
Multifamily
Under Contract
$
Beaumont, TX
Beaumont, TX
168
Units
1979
see details
Multifamily
Under Contract
$
Amphitheater Drive Property Group
Rockford, IL
24
Units
1997 and 1999
see details
Multifamily
Under Contract
$
Harvest Way Property Group
Poplar Grove, IL
12
Units
2008
see details
See All listings
Share property
LinkedIn
Email
Copy Link
Property valuation
Please fill in your information and we will contact you soon
Name*
Email*
Phone Number
Property Address*
Message
Thank you for filling out the Property Valuation form
We will be in touch as soon as possible
Oops! Something went wrong while submitting the form.