Lachapelle Family Acquires Multifamily Property In Crown Heights, Brooklyn For $4.2M

The multifamily property located at 1740-1746 Carroll Street in Crown Heights, Brooklyn has been sold in a transaction. The property consists of 35 units with a total square footage of 38,604. The sale price for the property was $4,200,000, resulting in a price per unit of $120,000 and a price per square foot of $109.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,200,000
• Address: 1740-1746 Carroll Street, Crown Heights, Brooklyn
• Market: Crown Heights, Brooklyn
• Units: 35
• Price Per Unit: $120,000
• Square Footage: 38,604
• Price Per Square Foot: $109

The buyers of the property are the Lachapelle Family, while the sellers are the Eiges Family. The transaction was facilitated by brokers Shaun Riney, Daniel Greenblatt, and Zalman Yarmush from Marcus & Millichap. The brokers successfully guided a first-time New York City buyer through the regulatory processes associated with rent-regulated buildings. They also collaborated with a top-notch mortgage broker, Stephen Filippo, for financing and a legal representative, Siminou Law, ensuring a smooth and secure transaction for the buyers.