Abe Silberstein Acquires Multifamily Property On Linden Street In Bushwick For $2.9M

Located in Bushwick, the multifamily property at 269A Linden Street recently changed hands in a closed transaction. The property spans 5,338 square feet and consists of 6 units. The sale price for this transaction was $2,925,000, resulting in a price per square foot of $648. The property was sold at a 6% capitalization rate.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $2,925,000
• Square Footage: 5,338
• Price Per Square Foot: $648
• Capitalization Rate: 6%
• Units: 6

The sellers of the property were Elliot Horowitz and Max Koslowitz, while the buyer was Abe Silberstein. The deal was facilitated by brokers Matt Cosentino, Fred Bijou, and Eddie Laboz from TerraCRG.