Ariel Shalom Sells Multifamily Property On President St. In Crown Heights For $6.7M With Broker Nick Hovsepian

A multifamily property located at 1015A President St. in Crown Heights has been sold in a recent transaction. The asset consists of 8 units with a total square footage of 5,833. The sale price for this property was $6,746,293, resulting in a price per unit of $843,286 and a price per square foot of $1,157.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,746,293
• Units: 8
• Price Per Unit: $843,286
• Square Footage: 5,833
• Price Per Square Foot: $1,157
• Address: 1015A President St.
• Market: Crown Heights

The seller of the property is Ariel Shalom, and the deal was facilitated by broker Nick Hovsepian from The Corcoran Group.