The asset involved in this transaction is a multifamily property located at 238 Hall Street & 269 Washington Avenue in the Clinton Hill market of Brooklyn. The sale price for this property was $15,600,000, comprising a total of 20 units, which results in a price per unit of $780,000. The total square footage of the property is 20,000, leading to a price per square foot of $780.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,600,000
• Units: 20
• Price Per Unit: $780,000
• Square Footage: 20,000
• Price Per Square Foot: $780
• Buyer: ZG Property Group
• Seller: Aurora Capital Associates & Eastern Capital Group
• Brokers: Daniel O'Brien, Brett Siegel, Caroline Hodes & Henry Hill - Newmark
• Date of Transaction: 8/7/2025

This transaction was facilitated by four brokers from Newmark: Daniel O'Brien, Brett Siegel, Caroline Hodes, and Henry Hill, representing the involved parties during the sale process. The collaboration included prominent stakeholders in the real estate market, ensuring a successful deal completion.