March 21, 2017

TerraCRG Brokers $2.075 Million Sale of Two Flatbush Properties

Property News

New York Real Estate Journal

TerraCRG has sold 1384-1386 Flatbush Ave., two contiguous properties in Flatbush. Peter Matheos, senior vice president, handled the transaction, which closed for $2.075 million.

“Similar buildings in the area typically sell for between $750,000 – $900,000. After our extensive marketing process we received numerous offers, ultimately achieving over $1 million per building on this transaction,” said Matheos.

Read more here.