Cohen Family Purchases Multifamily Property At 144 Baltic Street For $4.7M With Michael Sherman As Buyer's Rep

The multifamily asset located at 144 Baltic Street in the Cobble Hill market has been sold for a transaction amount of $4,700,000. The property comprises 3 units and offers a total square footage of 5,100. The price per unit (PPU) stands at $1,566,666, while the price per square foot (PPSF) is $921.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $4,700,000
• Address: 144 Baltic Street
• Market: Cobble Hill
• Units: 3
• Square Footage: 5,100
• Price Per Unit: $1,566,666
• Price Per Square Foot: $921
• Buyer: Cohen Family
• Seller: Sam Jumbert
• Buyer's Representative: Michael Sherman - Baseline Real Estate Advisors
• Seller's Representative: Randy Baruh - Compass

The transaction involved key individuals such as the Cohen Family, who acquired the property, and Sam Jumbert, the seller. Michael Sherman represented the buyer in the deal through Baseline Real Estate Advisors while Randy Baruh served as the seller's representative from Compass.