The multifamily property located at 389 Sumpter Street in Ocean Hill, Brooklyn, was sold for $3,206,458. The property comprises 8 units with a total square footage of 5,500, resulting in a price per unit of $400,807 and a price per square foot of $583.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,206,458
• Address: 389 Sumpter Street
• Market: Ocean Hill, Brooklyn
• Units: 8
• Square Footage: 5,500
• Price per Unit: $400,807
• Price per Square Foot: $583

Ari Harkov from Brown Harris Stevens represented the buyer, Joseph Jerbi, in the transaction, while Dani Ohayon and Tomer Shmuel from Oxford Property Group served as the seller's representatives. The collaboration of these individuals played a crucial role in facilitating the successful sale of the property at 389 Sumpter Street.