Multifamily Property Sold In Brooklyn For $2.5M

The property asset is a multifamily building located at 356 Leonard Street in Brooklyn. The sale was finalized for a price of $2,500,000, consisting of 3 units, with a price per unit of $833,333. The total square footage of the building is 1,920, leading to a price per square foot of $1,302.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Units: 3
• Price per Unit: $833,333
• Square Footage: 1,920
• Price per Square Foot: $1,302
• Seller: Francis Bobe
• Broker: Zachi Koren - Greenhouse Advisors
• Date of Transaction: 07/01/2024

Zachi Koren from Greenhouse Advisors represented the broker in this transaction. Francis Bobe acted as the seller of the property during this deal.