Daniel Pineda And Hailey Maher Acquire Multi-Family Property In Williamsburg For $2.175M

The multi-family asset located at 247 Leonard Street in Williamsburg, Brooklyn, has been transacted for a price of $2,175,000. This property consists of 2 units and encompasses a total square footage of 2,340, yielding a price per unit of $1,087,500 and a price per square foot of $929.

Summary of transaction details:

• Property Type: Multi-Family
• Transaction Amount: $2,175,000
• Units: 2
• Price per Unit: $1,087,500
• Square Footage: 2,340
• Price per Square Foot: $929
• Buyer: Daniel Pineda & Hailey Maher
• Seller: Rich Palma, Ralph Palma, Michael Di Giorgio
• Broker: Luke Sproviero, Donal Flaherty, Corey Haynes & James Maliszewski - Investment Property Realty Group

This transaction involved a competitive aspect, with the property selling for $175,000 over the asking price of $2,000,000, highlighting the demand in the market for such assets.