Ace Management/Schwartz Real Estate Acquires Multi Family Property In Midwood, Brooklyn For $15M

The multi-family property located at 2626 Kings Highway in Midwood, Brooklyn has been sold for a price of $15,000,000. The property spans a total area of 54,700 square feet, resulting in a price per square foot of $274. The transaction was completed by Ace Management and Schwartz Real Estate as the buyers, while 2626 Kings Highway, LLC / Landau Real Estate acted as the sellers. The deal was facilitated by brokers Michael Guttman and Aaron Jungreis from Rosewood Realty Group.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $15,000,000
• Address: 2626 Kings Highway, Midwood, Brooklyn
• Square Footage: 54,700
• Price per Square Foot: $274
• Seller: 2626 Kings Highway, LLC / Landau Real Estate
• Buyer: Ace Management/Schwartz Real Estate
• Brokers: Michael Guttman & Aaron Jungreis from Rosewood Realty Group

The successful transaction at 2626 Kings Highway involved Ace Management and Schwartz Real Estate as the buyers, who acquired the multi-family property for $15,000,000. The property spans an area of 54,700 square feet, commanding a price per square foot of $274. Acting as the sellers were 2626 Kings Highway, LLC / Landau Real Estate. The deal was facilitated by Michael Guttman and Aaron Jungreis from Rosewood Realty Group.