Yotam Michaeli Acquires MultiFamily Buildings In Bushwick, Brooklyn For $3.5M

Yotam Michaeli, represented by the entity Dekalb BK LLC, completed the acquisition of three residential elevator buildings in Bushwick, Brooklyn. The properties, located at 1357 Dekalb Avenue, 1351 Dekalb Avenue, and 1355 Dekalb Avenue, total 27 units. The sale price for the transaction was $3.5 million, resulting in a price per square foot of $134. The seller of the properties was BK 38th Lender LLC.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $3,500,000
• Address: 1357 Dekalb Avenue, 1351 Dekalb Avenue, and 1355 Dekalb Avenue
• Market: Bushwick, Brooklyn

Yotam Michaeli, as the buyer, was represented by Dekalb BK LLC. BK 38th Lender LLC acted as the seller in the deal.