Fridman of Barcel Group brokers sales of three buildings: $7.287 million total

May 21, 2019 - Front Section
Marcel Fridman, Barcel Group

Brooklyn, NY Barcel Group completed the sale of three buildings. The properties are: 837 Manhattan Ave., 2405-2409 Nostrand Ave. and 1024 New York Ave. The sale of the three properties totals $7.287 million.

  • 2405-2409 Nostrand Avenue - Brooklyn, NY
    837 Manhattan Ave. is a three-story walk-up building in the Greenpoint neighborhood. The corner property consists of two residential apartments and two retail stores. The building was built in 1926 and totals 3800 s/f. The property sold for $3.062 million. Marcel Fridman represented all parties in this off-market transaction.
  • 2405-2409 Nostrand Ave. is a three-story walk-up building in the Midwood neighborhood. The property consists of 12 residential units. The property was built in 1925 and totals 10,600 s/f. The property sold for $2.8 million or 12.5x. Fridman represented the purchaser in this off-market transaction.
  • 1024 New York Ave. is a three-story walk-up building located in the Flatbush neighborhood. The property consists of six residential units. The building was built in 1931 and totals 5250 s/f. The property sold for $1.425 million. Fridman represented all parties in this transaction.
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