Michael Sherman Of Baseline Real Estate Advisors Represents Buyer In $3.4M Multifamily Sale In Brooklyn

103 3rd Place is a multifamily asset located in the Carrol Gardens neighborhood of Brooklyn. The property features 8 residential units and encompasses a total of 6,272 square feet. The sale was completed at a price of $3,400,000, resulting in a price per unit of $425,000 and a price per square foot of $542.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,400,000
• Number of Units: 8
• Square Footage: 6,272
• Price Per Unit: $425,000
• Price Per Square Foot: $542
• Buyer's Representative: Michael Sherman - Baseline Real Estate Advisors
• Seller's Representatives: Adam J Hess & Edward Setton - Meridian Capital Group

The transaction involved key representatives in the real estate sector, with Michael Sherman acting on behalf of the buyer, while both Adam J Hess and Edward Setton represented the seller in this deal. Their roles were crucial in facilitating this multifamily property sale.