Nasir Al Jahmi Acquires 38-Unit Multifamily Building In Flatbush For $7.2M

785 Bruke Ave Realty, LLC, led by Nasir Al Jahmi, has acquired a 38-unit residential walkup building located at 2017 Church Avenue in the Flatbush neighborhood of Brooklyn. The property was purchased for $7.2 million through a foreclosure auction. The multifamily asset is situated in the popular Flatbush market, known for its vibrant community and convenient amenities.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,229,250
• Address: 2017 Church Avenue
• Market: Flatbush, Brooklyn
• Buyer: Nasir Al Jahmi
• Seller: Ahmed N. Mohamed - BJ Organization
• Units: 38
• Price Per Unit: $190,243
• Building Square Footage: 39,476
• Price Per Square Foot: $183
• Total Square Footage: 32,672
• Price Per Square Foot: $221

Ahmed N. Mohamed, representing BJ Organization, acted as the seller in this transaction. Nasir Al Jahmi, through their entity 785 Bruke Ave Realty, LLC, successfully acquired the property in Flatbush, Brooklyn. This deal demonstrates Al Jahmi's investment in the residential real estate market, further expanding their portfolio in the multifamily sector.