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Omri Bar-Mashiah Of Minerva Development Purchases Multifamily Asset In Carroll Gardens For $4.2M

Property Image
SOLD
$4,200,000

New York

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MultiFamily3,300 SF
Sold
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Omri Bar-Mashiah Of Minerva Development Purchases Multifamily Asset In Carroll Gardens For $4.2M

220 Union Street

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MultiFamily3,300 SF
Sold

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1272
Total Square Footage:3300 SF
Transaction Type:Sale

The asset involved in this transaction is a four-unit multifamily property located at 220 Union Street in Carroll Gardens, Brooklyn. The property was acquired for a total sale price of $4,200,000, translating to a price per unit of $1,050,000. The building encompasses a total of 3,300 square feet, resulting in a price per square foot of $1,273.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,200,000
  • Units: 4
  • Price Per Unit: $1,050,000
  • Total Square Footage: 3,300
  • Price Per Square Foot: $1,273
  • Buyer: Omri Bar-Mashiah
  • Buyer's Company: Minerva Development
  • Seller: Antoinette Birli
  • Annual Revenue: $136,290
  • Closing Date: February 27, 2026

Omri Bar-Mashiah represented Minerva Development in the transaction, securing the four-unit property through 220 Union LLC. Antoinette Birli, the seller, had not engaged in recent property transactions prior to this sale.

Players

BUYER

Details

SOLD
IMAGE: Omri Bar-Mashiah DATE: 02/17/2026 ADDRESS: 220 Union Street MARKET: Carroll Gardens, Brooklyn ASSET TYPE: Multifamily BUYER: Omri Bar-Mashiah - Minerva Development SALE PRICE: $4,200,000 UNITS: 4 ~ PPU: $1,050,000 SF: 3,300 ~ PPSF: $1,273 NOTE: Minerva Development, through 220 Union LLC, bought the four-unit property at 220 Union Street in Carroll Gardens for $4.2M in a deal that closed February 27, 2026 and is expected to generate cash flow. The 3,300-square-foot building with air rights traded at $1,272 per built square foot, while the seller, Antoinette Birli, had no recent property transactions and the asset generated $136,290 in annual revenue.

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