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HUBB NYC BUYS PARK SLOPE MULTIFAMILY BUILDING FROM GREYSTONE FOR $40M - HUBB NYC Properties LLC Blog

HUBB NYC BUYS PARK SLOPE MULTIFAMILY BUILDING FROM GREYSTONE FOR $40M

  |     |   Acquisition

Commercial Observer

Written by: Mark Hallum

Residential real estate firm HUBB NYC acquired a multifamily development in Brooklyn’s Park Slope from Greystone Development, Commercial Observer has learned.

Greystone was able to get $40 million for 223 Fourth Avenue, a 48,256-square-foot multifamily property with 63 units of housing that it finished developing in 2018, according to broker Cushman & Wakefield.

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