Robert Raphael Acquires Multifamily Property In East Flatbush, Brooklyn For $2.9M

A multifamily property located at 397 East 49th Street in East Flatbush, Brooklyn has been sold for a total price of $2,900,000. The property spans a total square footage of 21,284 and is comprised of 34 units. The price per square foot comes out to be $136. The seller of the property is Wendy Redhead, while the buyer is Robert Raphael. The transaction was facilitated by Shaun Riney, Dan Greenblatt, and Zalman Yarmush from Marcus & Millichap.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,900,000
• Square Footage: 21,284
• Price per Square Foot: $136
• Number of Units: 34
• Seller: Wendy Redhead
• Buyer: Robert Raphael
• Brokers: Shaun Riney, Dan Greenblatt, Zalman Yarmush – Marcus & Millichap

The individuals and companies involved in this deal include Shaun Riney, Dan Greenblatt, and Zalman Yarmush from Marcus & Millichap. They represented the buyer, seller, landlord, or tenant in this transaction.