Smith Family Acquires Multifamily Property In East Flatbush, Brooklyn

210 E. 51st St. in East Flatbush, Brooklyn recently sold for $5,400,000. The multifamily property consists of 40 units, with each unit priced at $135,000. The total square footage of the property is 30,884, resulting in a price per square foot of $174.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,400,000
• Units: 40
• Price per Unit: $135,000
• Square Footage: 30,884
• Price per Square Foot: $174

Zalman Yarmush, Shaun Riney, and Dan Greenblatt from Marcus & Millichap represented both the buyer, Smith Family, and the seller, Rosenberg Family, in this transaction.