April 15, 2016

On the Scene: TerraCRG Announces Sale of 310 12th Street for $9.2M

News Property News

Real Estate Weekly

TerraCRG announced the sale of 310 12th Street, a 20-unit multifamily building located in Park Slope. Adam Hess, along with his team, Sam Shalumov, Eddie Setton and Kirill Galperin were the sole brokers in this transaction. The property sold for $9,200,000, which equates to a 4.2% cap rate and $628 psf. The five-story building contains approximately 14,644 s/f and features an additional 4,644 s/f of air rights.

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