Shaare Zion Congregation Acquires Multifamily Property In Gravesend, Brooklyn For $4.65M

The multifamily property located at 2054 Ocean Parkway in Gravesend, Brooklyn, was recently sold on December 6, 2022. The property was purchased by Shaare Zion Congregation from the sellers Kheder Fatiha and Jason M. Grunfeld.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,650,000
• Address: 2054 Ocean Parkway, Gravesend, Brooklyn
• Market: Gravesend, Brooklyn
• Buyer: Shaare Zion Congregation
• Seller: Kheder Fatiha & Jason M. Grunfeld
• Building Square Footage: 4,225
• Price per Building Square Foot: $1,100
• Lot Square Footage: 2,736
• Price per Lot Square Foot: $1,699

This transaction signifies the acquisition of the multifamily property by Shaare Zion Congregation. The sellers, Kheder Fatiha and Jason M. Grunfeld, represented themselves in the deal as the sellers' representatives. The sale price for the property was $4,650,000, and the building spans a total of 4,225 square feet, with a price per square foot of $1,100. The lot size is 2,736 square feet, with a price per square foot of $1,699.