Klosed Properties Acquires Multifamily Property In Coney Island For $1.6M

The multifamily property located at 2742 West 15th Street in Coney Island, Brooklyn has been sold for a price of $1,600,000. With a total square footage of 7,500, the property was sold for $213 per square foot. This multifamily asset consists of 8 units, resulting in a per unit cost of $200,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,600,000
• Square Footage: 7,500
• Price Per Square Foot: $213
• Number of Units: 8
• Price Per Unit: $200,000

The seller of the property was Isaac Fried, represented by SkyBrook. The buyer was Klosed Properties, represented by Steven Kachanian, Jacob Namdar, and Adam Hajibai. The deal was brokered by Dj Johnston from B6. The transaction took place on February 19, 2020.