Henry B. George Purchases Multifamily Property At 383 Macdonough Street Brooklyn For $2.52M

The property asset involved in the transaction is a multifamily building located at 383 Macdonough Street, Brooklyn. The sale price for the property was $2,520,000. The asset comprises 2 units with a total square footage of 2,700, resulting in a price per unit of $1,260,000 and a price per square foot of $933.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,520,000
• Units: 2
• Square Footage: 2,700
• Price Per Unit: $1,260,000
• Price Per Square Foot: $933
• Buyer: Henry B. George
• Seller: Adam Shauli, Yehuda Zargarov & Saul Shauli
• Seller's Representative: Daniel Cohen - The Corcoran Group

Henry B. George was the buyer in this transaction. The sellers include a group consisting of Adam Shauli, Yehuda Zargarov, and Saul Shauli. The seller's representative for this deal, ensuring the transaction was facilitated, is Daniel Cohen from The Corcoran Group. The sellers have expressed an active interest in acquiring new real estate, specifically targeting brownstones and townhomes in Brooklyn, as well as luxury condominium development sites in New York City and Miami.