July 16, 2012 -
Front Section
Brooklyn NY The Barcel Group has completed three deals totaling $3.375 million. The deals include the following:
* The $1.8 million sale of 95 Siegel St. The buyer was represented by Marcel Fridman and Bart Zimmermann of Barcel. The four story walk-up building in East Williamsburg consists of 10 free market apartments totaling 8,000 s/f.
* The $1.15 million sale of 359 12th St. Both the buyer and seller were represented by Fridman. The four-story walk-up building in Park Slope consists of eight apartments totaling 7,000 s/f. The building sold for 13x the rent roll. This is the first sale of this property is over 40 years.
* The $425,000 sale of 1116 Nostrand Ave. The buyer was represented by Fridman. The three-story building consists of three apartments and one store.