Dean Horowitz Purchases Multifamily Buildings From Ibrahim Mustafa For $2.6M In Brooklyn

The asset involved in the transaction comprises two contiguous multifamily buildings located at 270 East 2nd Street and 274 East 2nd Street in Brooklyn. The sale price for the properties was $2,600,000, which translates to a price per unit of $216,667. The total square footage of the buildings is 9,936, resulting in a price per square foot of $262.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Units: 12
• Square Footage: 9,936
• Price Per Unit: $216,667
• Price Per Square Foot: $262
• Buyer: Dean Horowitz
• Seller: Ibrahim Mustafa
• Brokers: Erik Yankelovich, Shlomo Antebi & Yosef Katz - Atlas Realty Group

This transaction was facilitated by the brokerage services of Erik Yankelovich, Shlomo Antebi, and Yosef Katz, who represent Atlas Realty Group. They played a key role in bringing together the buyer, Dean Horowitz, and the seller, Ibrahim Mustafa, to achieve the successful closing of this multifamily property deal.