Kroeber Family Sells Multifamily Property At 226 Saint Johns Place Brooklyn For $4.325M

The property asset involved in this transaction is a multifamily residence located at 226 Saint Johns Place in Brooklyn. The transaction was completed for a sale price of $4,325,000, encompassing a total area of 4,096 square feet, which results in a price per square foot of $1,055.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,325,000
• Address: 226 Saint Johns Place
• Market: Brooklyn
• Seller: The Kroeber Family
• Broker Representatives: Ian Mednick & Paul Hyun - Compass
• Square Footage: 4,096
• Price Per Square Foot: $1,055

Ian Mednick and Paul Hyun from Compass represented the seller, The Kroeber Family, in this successful sale, which exceeded the asking price. The property was cherished by the owners for 54 years, indicating a long-term residence prior to the sale. The brokers facilitated the selling process by connecting the sellers with trusted vendors to prepare the estate-condition property for the market.