Moshe Khoshkheraman Purchases Multifamily Asset At 308 Hicks Street From Richard Talmadge For $5.1M

The property asset involved in this transaction is a multifamily building located at 308 Hicks Street in the Brooklyn Heights market. The building comprises 9 units and has a total square footage of 7,220. The sale price was $5,100,000, amounting to a price per unit of $566,666 and a price per square foot of $706.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $5,100,000
• Units: 9
• Square Footage: 7,220
• Price per Unit: $566,666
• Price per Square Foot: $706
• Buyer: Moshe Khoshkheraman
• Seller: Richard Talmadge

The key individuals involved in this transaction are Moshe Khoshkheraman, who acted as the buyer, and Richard Talmadge, the seller of the property. This deal reflects the collaborative efforts necessary to finalize the sale of the multifamily asset in the competitive Brooklyn market.