David Brecher Purchases Multifamily Property At 1000 Ocean Parkway From Warren Cohen For $23.5M

The transaction involved a multifamily property located at 1000 Ocean Parkway in Brooklyn, comprising a total of 122 units. The sale price for the asset was $23,500,000, equating to a price per unit (PPU) of $192,622. The total square footage of the property is 154,378, with a price per square foot (PPSF) of $152.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $23,500,000
• Buyer: David Brecher
• Seller: Warren Cohen
• Broker: Matt Fotis - Marcus & Millichap

Matt Fotis represented the broker agency Marcus & Millichap in the transaction, facilitating the sale between the buyer, David Brecher, and the seller, Warren Cohen. The deal highlights the activities of key players involved in the real estate market within Brooklyn.