Abe Lee Purchases Multifamily Property From Dominick Palmer In Brooklyn For $1.525M

The property asset involved in this transaction is a multifamily building located at 1403 Bedford Avenue in Brooklyn. It comprises 3 units and has a total square footage of 2,600. The sale price for this asset was $1,525,000, resulting in a price per unit of $508,333 and a price per square foot of $586.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,525,000
• Units: 3
• Square Footage: 2,600
• Price Per Unit: $508,333
• Price Per Square Foot: $586
• Buyer: Abe Lee
• Seller: Dominick Palmer
• Broker: Daniel Barcelowsky - Evergreen Realty & Investments

The broker representing the transaction is Daniel Barcelowsky, affiliated with Evergreen Realty & Investments. This deal highlights the involvement of Abe Lee as the buyer and Dominick Palmer as the seller, facilitating the change of ownership for the multifamily asset.