The Park Family Acquires Multifamily Property In Brooklyn For $12.2M

The multifamily property located at 390 South 2nd Street in Brooklyn has been sold for a total price of $12,225,000. The property spans across 13,800 square feet, resulting in a price per square foot of $886. It consists of 19 units, with each unit being valued at approximately $645,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,225,000
• Street Address: 390 South 2nd Street
• Market: Brooklyn
• Total Square Footage: 13,800
• Price per Square Foot: $886
• Number of Units: 19

The buyer in this transaction is The Park Family, while the seller is the Cielawak Family Partnership. The deal was facilitated by Rami Polinsky and Sean Lefkovits of @HPNY_, who represented both the buyer and the seller as brokers.