Akelius Real Estate Management Purchases MultiFamily Property In Brooklyn For $14.7M

The U.S. arm of the Swedish real estate giant Akelius purchased two contiguous buildings with 34 units located at 181 and 182 Prospect Park West in Brooklyn, NY. The property was acquired for $14,700,000 and consists of a mix of rent-stabilized and free-market apartments.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $14,700,000.00
• Address: 181 Prospect Park West, Brooklyn, NY
• Market: Brooklyn
• Buyer's Representative: Michael Stimler
• Buyer: Akelius Real Estate Management
• Seller: Deepak and Neera Raj

The acquisition was facilitated by Michael Stimler of the buyer's representative. The sellers, Deepak and Neera Raj, concluded the deal for the multi-family property, marking a significant transaction in the Brooklyn real estate market.