Moshe Greenzweig Acquires Flatlands & Flatbush Multifamily For $41.9M From Seller Peter Kraus

The multifamily property located at 3101 Aurelia Court, 550 East 21st Street, 855 East 19th Street, and 850 East 17th Street in Flatlands and Flatbush has been sold in a recent transaction. The sale took place on April 6, 2022, with a total sale price of $41,900,000.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $41,900,000
• Number of Units: 245
• Price per Unit: $171,020
• Total Square Footage: 281,480
• Price per Square Foot: $148
• Market: Flatlands & Flatbush

Moshe Greenzweig has acquired the property from Peter Kraus. The property consists of 245 units and spans a total of 281,480 square feet. The price per unit in this transaction amounts to $171,020, with a price per square foot of $148. The property's location in Flatlands and Flatbush makes it an attractive investment opportunity in the market.