Peak Capital Advisors, led by David Gomez and Alex Rabin, have purchased a multifamily building located at 507 8th Avenue in Brooklyn for $3,875,000. Nir Mor was the broker on the off-market transaction.
507 8th Avenue, located in the Park Slope neighborhood of Brooklyn between 5th and 6th Street, is situated just 1 block from Prospect Park.
507 8th Ave is a beautiful landmarked pre-war townhouse building featuring five large fair market units. The property had been previously owned for 30+ years. Peak plans to add significant value to the building with an extensive renovation.