Two multifamily properties located at 1900 Newkirk Avenue and 1815 Beverley Road in the Flatbush neighborhood of Brooklyn have been sold in a closed transaction. The properties have a combined total square footage of 41,310 square feet for 1900 Newkirk Avenue and 21,000 square feet for 1815 Beverley Road. The sale price for the properties was $14,300,000, with an asking price of $15,500,000. The price per square foot for the properties is $346.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $14,300,000
• Seller: Mark Mehlman
• Buyer: Pankaj Prasad
• Buyer’s Rep: Nadeem Haque
• Seller’s Rep: George Niblock
• Address: 1900 Newkirk Avenue, 1815 Beverley Road
• Market: Flatbush/Brooklyn
• Square Footage: 41,310 (1900 Newkirk), 21,000 (1815 Beverley)
• Price per Square Foot: $346

Nadeem Haque represented the buyer, Pankaj Prasad, in the transaction. George Niblock served as the seller's representative. The sale of these multifamily properties marks a significant deal in the Flatbush/Brooklyn market.