Sabbagh Family Purchases Multifamily Property From Shia Weisz In Brooklyn For $6.3M

The asset involved in this transaction is a multifamily property located at 447 Keap Street, Brooklyn. The sale was completed for a total transaction amount of $6,300,000, covering a square footage of 7,410. The property consists of 6 units, with a price per unit of $1,050,000 and a price per square foot of $850.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,300,000
• Address: 447 Keap Street
• Market: Brooklyn
• Square Footage: 7,410
• Price per Square Foot: $850
• Units: 6
• Price per Unit: $1,050,000
• Buyer: Sabbagh Family
• Seller: CW Realty
• Buyer's Representative: Isaac Shabot & Emil Shabot - KSR

This transaction was co-brokered by Shaun Riney, Daniel Greenblatt, and Michael Salvatico from Marcus & Millichap, highlighting the collaboration between different brokerage firms in facilitating the deal.