Lael Shults Purchases Multifamily Property From The Fasano Family For $3.1 Million In Brooklyn

The property involved in this transaction is a MultiFamily asset located at 237 Washington Avenue in Brooklyn. The transaction was finalized at a sale price of $3,100,000, covering a total of 3 units. The total square footage of the property is 3,824, which results in a price per unit of $1,033,333 and a price per square foot of $810.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $3,100,000
• Units: 3
• Price Per Unit: $1,033,333
• Square Footage: 3,824
• Price Per Square Foot: $810
• Buyer: Lael Shults
• Seller: The Fasano Family
• Seller's Representative: Gabriel Kates & Sean Mashihi - Block Real Estate Group

Lael Shults has acquired this MultiFamily property from The Fasano Family, with Gabriel Kates and Sean Mashihi serving as the representatives for the sellers through Block Real Estate Group during this transaction.