August 7, 2015

Hess and Cohen of TerraCRG handle $37 million sale of two multifamily properties

News Property News

New York Real Estate Journal

Adam Hess and Ofer Cohen of TerraCRG have completed the sale of 719-723 8th Avenue and 704 8th Avenue in Park Slope. Hess and Cohen represented the sellers, RedSky Capital and Megalith Capital Management, as well as the purchaser. The buildings sold for $37 million, or $811/SF, a new neighborhood record for a multifamily building.

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