Cetinkaya Family Acquires Multifamily Property In Brooklyn For $3.3M

The multifamily property located at 258 President Street in Brooklyn has been sold in a recent transaction. The property spans approximately 3,999 square feet and was sold for a price of $3,300,000, resulting in a price per square foot of $825. The sale of the property took place on February 13, 2023.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Address: 258 President Street, Brooklyn
• Market: Brooklyn
• Buyer: Cetinkaya Family
• Seller: Nicosia Family
• Brokers: Shaun Riney, Michael (Mike) Salvatico, Robert Ferman - Marcus & Millichap

The deal was facilitated by the brokers Shaun Riney, Michael (Mike) Salvatico, and Robert Ferman from Marcus & Millichap. They represented the buyer and seller in this transaction. The involvement of these individuals played a crucial role in the successful completion of the deal.