Francis Greenburger Of Time Equities Purchases Multifamily Asset At 323 East 19th Street For $13.1M

The property asset involved in this transaction is a multifamily building located at 323 East 19th Street in Brooklyn. The transaction was completed for a sale price of $13,100,000. This asset comprises 38 units, totaling a square footage of 37,751, which reflects a price per unit of $344,736 and a price per square foot of $347.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $13,100,000
• Address: 323 East 19th Street
• Market: Brooklyn
• Units: 38
• Square Footage: 37,751
• Price Per Unit: $344,736
• Price Per Square Foot: $347
• Buyer: Francis Greenburger - Time Equities
• Seller: Barry Farkas
• Brokers: Yehoshua Shamel & Sylvia Spielman - GFI Realty Services

Key individuals involved in this deal include buyer Francis Greenburger from Time Equities and seller Barry Farkas. The transaction was facilitated by brokers Yehoshua Shamel and Sylvia Spielman from GFI Realty Services, representing the respective parties in this multifamily asset transaction.