Mike Kim Acquires Multifamily Property On East 53rd Street For $2.4M

The multifamily property located at 290 East 53rd Street in East Flatbush, Brooklyn, was sold for $2,400,000. The property comprises 27 units with a total square footage of 25,836. The price per unit was $88,889, and the price per square foot was $93.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,400,000
• Units: 27
• Price per Unit: $88,889
• Square Footage: 25,836
• Price per Square Foot: $93
• Address: 290 East 53rd Street, East Flatbush, Brooklyn

The buyer of the property was Mike Kim, while the seller was Barberry Rose Management. Representing the buyer was Eli Shayestehpour from Rosewood Realty Group, and the seller was represented by Aaron Jungreis and Ben Khakshoor, also from Rosewood Realty Group.