Joseph Vecchio Sells MultiFamily Property At 24 Devoe Street Brooklyn For $2.6M

The property asset involved in this transaction is a MultiFamily building located at 24 Devoe Street in Brooklyn. The sale price was recorded at $2,600,000, with a total of 5 units. The building encompasses a square footage of 3,500, resulting in a price per unit of $520,000 and a price per square foot of $742.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $2,600,000
• Units: 5
• Square Footage: 3,500
• Price Per Unit: $520,000
• Price Per Square Foot: $742
• Seller: Joseph Vecchio
• Brokers: Gabriel Kates, Sean Mashihi & Julian Kates - Block Real Estate Group

The brokers facilitating this transaction were Gabriel Kates, Sean Mashihi, and Julian Kates, representing the seller Joseph Vecchio. Their affiliation with Block Real Estate Group played a significant role in successfully closing the deal.