Superior Realty Group Acquires Multifamily Asset In Brooklyn From SRMC Management For $1.65M

The multifamily property located at 1522 61st Street in Brooklyn has been sold for $1,650,000. It comprises 4 units and totals 3,280 square feet, resulting in a price per unit of $412,500 and a price per square foot of $503.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,650,000
• Address: 1522 61st Street
• Market: Brooklyn
• Units: 4
• Square Footage: 3,280
• Price Per Unit: $412,500
• Price Per Square Foot: $503
• Buyer: Superior Realty Group
• Seller: SRMC Management
• Brokers: Zachary Fuchs - GFI Realty Services

Zachary Fuchs of GFI Realty Services represented the buyer, Superior Realty Group, while the seller, SRMC Management, completed the transaction. The involvement of these parties facilitated the sale in the Brooklyn market.