Ariel Shalom Sells Multifamily Building In Bedford-Stuyvesant For $19.66M

The property at 114 Lexington Avenue in Bedford-Stuyvesant, Brooklyn, is a 16-unit multifamily building that was sold for $19,658,600. The building spans 14,948 square feet, resulting in a price per square foot of $1,315. Each unit was valued at approximately $1,228,663.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $19,658,600
• Units: 16
• Price Per Unit: $1,228,663
• Square Footage: 14,948
• Price Per Square Foot: $1,315
• Address: 114 Lexington Avenue
• Market: Bedford-Stuyvesant, Brooklyn

Nick Hovsepian from The Corcoran Group served as the broker representing Ariel Shalom in the sale of the 16-unit condominium building located at 114 Lexington Avenue.