Delshah Capital Acquires Multifamily Property At 227 Grand Street Brooklyn For $45.8M

The property involved in the transaction is a multifamily asset located at 227 Grand Street in Brooklyn. The sale price of the property was $45,800,000, and it encompasses a total square footage of 59,930, resulting in a price per square foot of $764.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $45,800,000
• Address: 227 Grand Street
• Market: Brooklyn
• Square Footage: 59,930
• Price Per Square Foot: $764
• Buyer: Delshah Capital
• Seller: Alan Lebovits
• Broker Representation: Aaron Jungreis, Ben Khakshoor, Alex Fuchs & Eli Shayestehpour - Rosewood Realty Group

The key individuals involved in this transaction include the buyer, Delshah Capital, and the seller, Alan Lebovits, with the representation provided by multiple brokers from Rosewood Realty Group. The transaction took place on June 16, 2026.