INK Property Group Acquires Brooklyn Multifamily Property For $2,550,000

The multifamily property located at 425 Sterling Place in Brooklyn, New York, was recently sold in a closed transaction. The property consists of 8 units, with a purchase price of $2,550,000. The loan amount for the transaction was $2,100,000. The property spans 8,696 square feet, with an average price per unit of $318,000 and a price per square foot of $293. The transaction was facilitated by the buyer, INK Property Group represented by Eden Ashourzadeh and Alexander Kahen.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,550,000
• Loan Amount: $2,100,000
• Address: 425 Sterling Place
• City: New York
• Neighborhood: Brooklyn
• Units: 8
• Price per Unit: $318,000
• Square Footage: 8,696
• Price per Square Foot: $293

The buyer, INK Property Group, represented by Eden Ashourzadeh and Alexander Kahen, successfully acquired the property in this transaction. They played a key role in the deal, ensuring a smooth and efficient process.