The property involved in this transaction is a multifamily building located at 194 Stuyvesant Avenue in the Bedford-Stuyvesant market of Brooklyn. The sale was completed for a price of $3,300,000 and comprises 8 units, resulting in a price per unit of $412,500. The building has a total square footage of 7,907, with a price per square foot of $417.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Units: 8
• Price Per Unit: $412,500
• Square Footage: 7,907
• Price Per Square Foot: $417
• Buyer: Lumar Capital
• Seller: Nir Sapir
• Sale Date: 12/16/2024

Lumar Capital, led by the Marchica family, has acquired the property from seller Nir Sapir, marking a significant transaction in the Brooklyn real estate market.