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.

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

Recently Closed Deals

Property Name

Walmart SuperCenter

Property Name

Property Name

Upstate Coliving

Spartanburg, SC

Exclusive Listings

Property Name

Property Name

Amphitheater Drive Property Group

Property Name

Harvest Way Property Group

Poplar Grove, IL

See All listings

Share property

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.