New York, NY Abe Cohen's Conway Capital, with the MacTaggart family as partner, have acquired a four story, multi-family building in Park Slope for $8 million.
The 11,668 s/f, 16-unit building at 423 16th St. was built in 1920. It sold for $685 per s/f.
Conway Capital also owns the 16-unit building next door at 419 16th St. which they purchased a year ago for $4.25 million. They plan to renovate and lease up both the buildings' units.
Bestreich Realty Brokers Derek Bestreich and Luke Sproviero represented the seller, Richard Giancarlo.
Thanks for Reading!
You've read 2 of your 3 guest articles
Register and get instant unlimited access to all of our articles online.
Sign up is quick, easy, & FREE.
Subscription Options
Sign up is quick, easy, & FREE.
Already have an account? Login here