Michael Strauss Acquires Multifamily Property In Brooklyn Heights For $7.45M

A multifamily property located at 297 Henry Street in Brooklyn Heights, Brooklyn has recently been sold for $7,450,000. The property spans a total of 5,208 square feet, resulting in a price per square foot of $1,430. Situated on a lot with dimensions of 25 feet by 92.5 feet, this property offers a valuable investment opportunity in the Brooklyn market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,450,000
• Address: 297 Henry Street, Brooklyn Heights, Brooklyn
• Square Footage: 5,208
• Price per Square Foot: $1,430
• Lot Dimensions: 25 ft x 92.5 ft
• Market: Brooklyn Heights, Brooklyn
• Zoning: R6

The buyer of this property is Michael Strauss. Represented by their broker, Blair Brewster, the seller of this transaction, this deal was successfully closed on the 7th of August, 2021. This transaction marks a significant milestone in the real estate market of Brooklyn Heights, further showcasing the continued growth and potential of the area.