Joel Schwartz’s Southside Units Acquires Multi Family Property In Brooklyn For $4.7M

Located at 144 North 11th Street in Brooklyn, this multi-family property was recently involved in a closed transaction. The property spans over 6,500 square feet and was sold for a price of $4,700,000, resulting in a price per square foot of $723.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $4,700,000
• Square Footage: 6,500 sf
• Price per Square Foot: $723
• Address: 144 North 11th Street, New York
• Market: Brooklyn

The sellers of this property were Lynn Loflin and the Estate of Alyssa and Ray Abeyta. On the other hand, the buyer was Joel Schwartz’s Southside Units. The deal was facilitated by Bestreich Realty Group’s Luke Sproviero and Donal Flaherty.