Harold Klien Acquires Multifamily Property In Borough Park, Brooklyn For $7.4M

A multifamily property located at 1261 49th Street in Borough Park, Brooklyn has been sold for $7,400,000. The property consists of 49 units with an average price per unit of $151,020. It spans an area of 43,000 square feet with a price per square foot of $172.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,400,000
• Units: 49
• Price per Unit: $151,020
• Square Footage: 43,000
• Price per Square Foot: $172
• Address: 1261 49th Street, Borough Park, Brooklyn

The buyer of the property is Harold Klien, while the sellers are Yona Gonen and Betty Nusblat. The deal was facilitated by brokers Yosef Katz, Shlomo Antebi, Erik Yankelovich, and Natan Safdieh from Atlas Realty Group.