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352 Palmetto Street

Kings Capital Acquires Multifamily Property In Bushwick, Brooklyn For $1.675M

352 Palmetto Street

4,500 SF
clock iconSold 1 year ago
Zachary Fuchs
Moshe Goldberger
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4,500 sqft

A multifamily property located at 352 Palmetto St. in Bushwick, Brooklyn has been sold in a closed transaction. The property consists of 6 units and spans approximately 4,500 square feet. The sale price for this transaction was $1,675,000, resulting in a price per unit of $279,166 and a price per square foot of $372. The property was purchased by Kings Capital, represented by Jeffrey Znaty and Goerge Giannopoulos, from Simon Marom. The buyer was assisted by brokers Zachary Fuchs, and Moshe Goldberger from GFI Realty.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,675,000
  • Address: 352 Palmetto St., Bushwick, Brooklyn
  • Market: Bushwick, Brooklyn
  • Buyer: Kings Capital - Jeffrey Znaty & Goerge Giannopoulos
  • Seller: Simon Marom
  • Brokers: Zachary Fuchs & Moshe Goldberger - GFI Realty
  • Units: 6
  • Price per Unit: $279,166
  • Square Footage: 4,500
  • Price per Square Foot: $372

In this off-market deal, Kings Capital acquired the 6 free market units from long-term ownership. It is worth noting that Kings Capital is actively seeking value-add multifamily properties and development sites in the New York Metro Area, as well as larger garden-style apartment complexes across the Sunbelt. For any potential deals or opportunities, they can be contacted at [email protected]. Special thanks go to all parties involved in this transaction.


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Zachary Fuchs's profile picture
Zachary Fuchs
GFI Realty Services-image
Licensed Real Estate Salesperson
$129.1M Sold


Deal Summary
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IMAGE: Jeffrey Znaty, Goerge Giannopoulos & Zachary Fuchs DATE: 06/28/2022 ADDRESS: 352 Palmetto St. MARKET: Bushwick, Brooklyn ASSET TYPE: Multifamily BUYER: Kings Capital (@KingsCapitalRE) - Jeffrey Znaty & Goerge Giannopoulos (@George___Giannopoulos) SELLER: Simon Marom BROKERS: Zachary Fuchs (@ZacharyDFuchs) & Moshe Goldberger - GFI Realty (@GFIRealty) SALE PRICE: $1,675,000 UNITS: 6 ~ PPU: $279,166 SF: 4,500 ~ PPSF: $372 NOTE FROM @GFIRealty: 6 Free market units purchased in an off-market transaction from long-term ownership. Kings Capital is actively seeking value-add multifamily and development sites throughout the New York Metro Area as well as larger garden-style apartment complexes across the Sunbelt Please submit all deals and opportunities to: [email protected] Special thanks to all parties involved in this transaction.

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Address352 Palmetto Street


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