Samuel Palace Acquires 38-Unit Walkup Building For $4.3M In East Flatbush, Brooklyn

A 38-unit residential walkup building located at 3213 Snyder Avenue in East Flatbush, Brooklyn, has been sold in a recent transaction. The property was purchased by Samuel Palace for a total price of $4.3 million. The buyer was represented by 3213 Snyder Realty Group LLC, while the seller was Jacob Hager's entity, 3213 Snyder Realty Corp. The building offers a total of 31,500 square feet of space, with each unit having an average size of 825 square feet. The sale price per unit amounts to $112,500, and the price per square foot is $136.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $4,275,000
• Address: 3213 Snyder Avenue
• Market: East Flatbush, Brooklyn
• Buyer: Samuel Palace
• Seller: Jacob Hager

In this transaction, Samuel Palace acquired the multi-family property located at 3213 Snyder Avenue, East Flatbush, Brooklyn. The purchase was made from Jacob Hager's entity, 3213 Snyder Realty Corp., for a total price of $4.3 million. Samuel Palace was represented by 3213 Snyder Realty Group LLC in this deal.