312 East 21 Holding LLC paid $8M to 312 East 21 LLC

312 East 21 Holding LLC paid 312 East 21 LLC $8.0 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 54 residential units at 312 East 21 Street in Flatbush. The deal closed on July 19, 2019 and was recorded on August 07, 2019. The parcel(s) have total development potential of 55,426 square feet.
The sale price per unit is $148,148..
The estimated cap rate is 2.9%
The last time the property sold was March 10, 2005, for $4,025,000.

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