April 17, 2018

Cosentino, Bijou and Satanovsky of TerraCRG handle $2.7 million sale

TerraCRG has brokered the sale of 1271 Willoughby Ave., a vacant multifamily building in Bushwick. Matt Cosentino, Fred Bijou and Eric Satanovsky brokered the deal for $2.7 million. The sale price equates to $529 per s/f and $450,000/unit as the six-unit building is 5,100 gross s/f.

“The property’s large units, building layout and ideal Bushwick location make it a unique project, and after renovation, it will be one of the premiere walk-up rental buildings in the neighborhood,” said Cosentino, partner at TerraCRG.

Read more here.