REBusinessOnline

Sugar Hill Capital Partners Acquires Multifamily Community in Brooklyn for $5.6M

NEW YORK CITY — Sugar Hill Capital Partners has acquired a two-building multifamily community in Brooklyn for $5.6 million. Located at 932-938 Eastern Parkway, the 24,600-square-foot property consists of 24 units. The seller was real estate investor and film producer Joseph Scarpinito. Jacob Stavsky of Venture Capital Properties represented both the buyer and seller in the off-market transaction.

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