Guarino and Roth of Friedman Roth broker $11 million portfolio sale: Four properties

June 21, 2016 - Brokerage

Richard Guarino, Friedman Roth Realty Services LLC

Part of the recently traded Brooklyn portfolio

Eric Roth, Brick Capital Partners

Brooklyn, NY Friedman Roth Realty Services has completed the sale of a 4 building portfolio in the Williamsburg section of Brooklyn.

A total of 16 large apartments, 3 retail stores in 4 separate locations closed for $11 million, which equates to $641 per s/f, and more than 20 times the gross income. The specific address of the properties were not disclosed. Each property has untapped potential.

Enrique Viera, the seller, sold to Bennat Berger of Novel Property Ventures.

Richard Guarino of Friedman Roth Realty Services represents the seller and Eric Roth of Friedman Roth Realty Services represented the buyer.