The transaction involves a multifamily asset located at 2417 Albemarle Road & 2421 Albemarle Road in Flatbush, Brooklyn. The sale was completed for $7,500,000, which corresponds to a price per unit of $174,419. The total square footage of the asset is 38,493, resulting in a price per square foot of $195.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,500,000
• Buyer: iCross Capital
• Seller: Hello Albemarle LLC
• Units: 43
• Square Footage: 38,493
• Price Per Unit: $174,419
• Price Per Square Foot: $195

iCross Capital acquired the property through NY Secured Funding LLC, marking a significant transaction in the area. The seller, Hello Albemarle LLC, is an affiliate of Hello Living, indicating the involvement of established entities within the transaction framework.