Qashem Bhuyain Acquires Multifamily Property In Ditmas Park For $4.26M

A multifamily property located at 1033 Ocean Avenue in Ditmas Park, Brooklyn has been sold for $4,260,000. The property spans 17,000 square feet, resulting in a price per square foot of $250. The asset consists of 16 units and is part of the Multifamily market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,260,000
• Address: 1033 Ocean Avenue, Brooklyn
• Market: Ditmas Park
• Size: 17,000 square feet
• Price per Square Foot: $250
• Number of Units: 16

The seller, Greenroad Capital represented by David Natanov, sold the property to the buyer, Qashem Bhuyain. The transaction was facilitated by the brokerage firm Rosewood, with Aaron Jungreis and Ilya Tolmasov serving as the representatives for both the buyer and seller.