Albert Srour Acquires Multifamily Property In Bay Ridge, Brooklyn For $13.5M

The multifamily property located at 252 74th Street in Bay Ridge, Brooklyn has been sold for a total price of $13,500,000. The property consists of 66 units, with a price per unit of $204,545. The total square footage of the property is 67,926, resulting in a price per square foot of $199.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $13,500,000
• Units: 66
• Price per Unit: $204,545
• Square Footage: 67,926
• Price per Square Foot: $199
• Address: 252 74th Street, Bay Ridge, Brooklyn
• Buyer: Albert Srour
• Seller: Bronstein Properties
• Brokers: Shaun Riney & Mark Zarrella from Marcus & Millichap

The deal was facilitated by Shaun Riney and Mark Zarrella from Marcus & Millichap, who represented both the buyer, Albert Srour, and the seller, Bronstein Properties.