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. It was sold for a transaction amount of $13,100,000. The asset comprises 38 units and spans a total of 33,751 square feet, equating to a price per unit of $344,736 and a price per square foot of $388.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $13,100,000
• Units: 38
• Square Footage: 33,751
• Price Per Unit: $344,736
• Price Per Square Foot: $388
• Buyer: Francis Greenburger, Dylan Vaccaro & Seth Coston - Time Equities
• Seller: Barry Farkas
• Broker: Sylvia Spielman & Yehoshua Shamel - GFI Realty Services

Detailed insight into the key players in this deal includes the buyer group, Time Equities, represented by Francis Greenburger, Dylan Vaccaro, and Seth Coston. The seller of the property, Barry Farkas, was involved in the negotiation facilitated by Sylvia Spielman and Yehoshua Shamel of GFI Realty Services, who acted as the brokers for the transaction.