Bruman Realty Acquires Multifamily Property In Gravesend For $3.5M

A multifamily property located at 125 Kings Highway in Gravesend has been sold for a price of $3,500,000. The transaction took place on 10/07/2022. The property, captured in an image by Christopher J. Constant, was acquired by Bruman Realty, represented by Joseph Brunner. The seller in this deal was Getty Realty Corp, with Christopher J. Constant as their representative. The asset type of the property is multifamily, making it suitable for residential purposes. The market value of the property was not specified in the available information.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,500,000
• Date: 10/07/2022
• Address: 125 Kings Highway, Gravesend
• Buyer: Bruman Realty - Joseph Brunner
• Seller: Getty Realty Corp - Christopher J. Constant

The loan for this transaction was provided by Webster Bank. The loan amount was $27,500,000, and it was classified as a construction loan. No additional details about the property, such as square footage or specific loan terms, were mentioned in the available information.