Kurland Family Acquires 15-Unit Multifamily Building In Brooklyn For $1.35M

The asset involved in this transaction is a multifamily property located at 390 East 21st Street in Brooklyn, NY. The sale price of the property was $1,350,000, featuring a total of 15 units. The property encompasses a total square footage of 11,520, resulting in a price per unit of $90,000 and a price per square foot of $117.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,350,000
• Units: 15
• Square Footage: 11,520
• Price Per Unit: $90,000
• Price Per Square Foot: $117
• Buyer: Kurland Family
• Seller: Johnson Family
• Brokers: Erik Yankelovich, Shlomo Antebi, Yosef Katz & Sam Schwartz - Atlas Realty Group

The transaction involved key individuals and companies, including the Kurland Family as the buyers and the Johnson Family as the sellers. The brokers representing the transaction were Erik Yankelovich, Shlomo Antebi, Yosef Katz, and Sam Schwartz from Atlas Realty Group, facilitating the deal in the multifamily market.