Efrati of Entrepreneur Properties closes $4 million sale
Entrepreneur Properties closed the sale of 43-15 44 St. in Sunnyside.
The walk-up building features 24 apartments and traded for $4 million.
The first sale in 30 years, the buyer paid 12.6 X GRM for a 4.7% rate of return.
Ami Efrati of Entrepreneur Properties represented the buyer and seller in the transaction.
Brooklyn, NY Investment Property Realty Group (IPRG), a New York-based commercial investment firm, has closed the sale of 1094 Hancock St., a mixed-use building in the Bushwick section, for $1.75 million.
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