Jungreis and Kooris of Rosewood close $12 million three building sale
Aaron Jungreis of Rosewood Realty Group closed a $12 million sale of three contiguous buildings located at 199-205 30th St. in Sunset Park.
Jungreis represented the seller, Black Spruce Capital and Samuel Kooris of Rosewood represented the buyer, a private investor.
It sold for 13 times the rent roll. The three, four-story walk-up apartment buildings consist of 66 apartments.The 43,308 s/f (combined) buildings were all built in 1917.
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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