The Markaretan Family Acquires Clinton Hill Multifamily For $4.6M

Located in the Clinton Hill neighborhood, the multifamily property at 481-483 Dekalb Avenue has been sold in a recent transaction. The property consists of 10 units, with a total square footage of 7,260. The sale price for this transaction was $4,625,000, making the price per unit approximately $462,500. The price per square foot stands at $637.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,625,000
• Units: 10
• Price per Unit: $462,500
• Square Footage: 7,260
• Price per Square Foot: $637
• Address: 481-483 Dekalb Avenue
• Market: Clinton Hill

The Markaretan Family has acquired the property, with the deal facilitated by Lev Mavashev and Eli Yusupov from Alpha Realty.