Marcus & Millichap Brokers Sell Multifamily Property In Bushwick, Brooklyn For $1.75M

A multifamily property located at 297 Himrod Street in Bushwick, Brooklyn has been sold for $1,750,000. The property consists of 6 units, with an average price per unit (PPU) of $291,667. The total square footage of the property is 5,035, making the price per square foot (PPSF) $348. This transaction took place on December 21, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,750,000
• Units: 6
• PPU: $291,667
• Square Footage: 5,035
• PPSF: $348
• Market: Bushwick, Brooklyn
• Brokers: Shaun Riney & Michael Salvatico - Marcus & Millichap

Shaun Riney and Michael Salvatico from Marcus & Millichap represented the parties involved in this transaction. They facilitated the successful sale of the multifamily property at 297 Himrod Street in Bushwick, Brooklyn. Their expertise and negotiation skills played a crucial role in bringing this deal to fruition.