8325 Fifth Ave (Brooklyn)
Address
8325 Fifth Ave (Brooklyn)
Tenant
Manhattan investor
Landlord Representative
Stephen Palmese, Massey Knakal
Notes
The property sold for $2.48 million, or $345 per square foot. The price represents a capitalization rate of 5.4 percent and a gross rent multiple of 12.2. The building contains four apartments, three stores and an office, and has 3,300 square feet of air rights.
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