Z&G Property Group Acquires Multifamily Asset In Carroll Gardens For $10.8M

The multifamily property located at 108 Luquer St. in Carroll Gardens has been sold. The property spans an area of 26,275 square feet and was purchased by Z+G Property Group. The deal was facilitated by brokers Shaun Riney, Michael Salvatico, and Robert Ferman from Marcus & Millichap. The sale price for the property was $10,836,437, resulting in a price per square foot of $412.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,836,437
• Address: 108 Luquer St.
• Market: Carroll Gardens
• Buyer: Z+G Property Group
• Brokers: Shaun Riney, Michael Salvatico, and Robert Ferman - Marcus & Millichap
• Square Footage: 26,275
• Price per Square Foot: $412

Shaun Riney, Michael Salvatico, and Robert Ferman from Marcus & Millichap played a crucial role in representing the buyer, Z+G Property Group, in this transaction. Their expertise and negotiation skills contributed to the successful completion of the deal.