TerraCRG has sold 267 Flatbush Ave. in Prospect Heights. Ofer Cohen, Dan Marks, Adam Hess, and Daniel Lebor, along with their sales teams, closed the deal at $9.75 million.
“This sale, at a sub 5% cap rate and over $900/SF, demonstrates that the multifamily investment market is making a strong comeback in 2018,” said Hess, partner at TerraCRG. “We expect to continue to see volume and pricing improve in the Brooklyn market.”
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