Rosewood Realty Group closed a seven building, portfolio sale in the Crown Heights/Flatbush section of the borough for $21.1 million. The buildings sold include 2406 Newkirk Ave., 1536 and 1546 St. John's Place, 1633-1647 Sterling Place, 2709 Clarendon Rd. and 3420 Clarendon Rd.
The seven, four-story, walk-up apartment buildings combine a total of 179,630 s/f and feature 199 apartments. They were built in the 1920s and 1930s.
Aaron Jungreis represented the private investor seller and David Berger represented the private investor buyer.
Rosewood also completed the following deals:
* A $5.5 million sale of 635 East 6th St. between Aves. A & B in the East Village. A private investor has bought this 8,860 s/f five-story 1910 East Village walk-up with nine apartments. Jungreis represented the buyer, 635 East 6th LLC and David Scheer, represented the seller 635 East 6th Street Realty Company LLC.
* A $2.8 million sale of 2530-2536 Foster Ave., Brooklyn. The four-story, 23,060 s/f walk-up apartment building features 24 apartments. It was built in 1931.
Jungreis represented the private investor seller and Raphael Toledano of Weissman Realty represented the buyer.
* A $6.3 million sale of 315 East 196th St. in the Bronx. This six-story, 67,757 s/f elevator apartment building features 60 apartments, including the superintendent's basement apartment. It sold for 8.2 times the rent roll and was built in 1941.
Jungreis represented the private investor seller and buyer. Tags: