Lee Family Acquires Multifamily Property In East New York For $1.65M
New York
See Similar DealsLee Family Acquires Multifamily Property In East New York For $1.65M
418 New Jersey Avenue
See Similar DealsSummary
The multifamily property located at 418 New Jersey Avenue & 327 Milford Street in East New York, Brooklyn, was sold for $1,650,000. The property comprises 12 units with a price per unit of $137,500. The total square footage of the property is 8,663, resulting in a price per square foot of $190.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Units: 12
- Price Per Unit: $137,500
- Square Footage: 8,663
- Price Per Square Foot: $190
- Address: 418 New Jersey Avenue & 327 Milford Street, East New York, Brooklyn
- Market: East New York, Brooklyn
- Buyer: Lee Family
- Seller: Joel Braun
- Broker: Roni Yaghoobzar & Joe Safdie - Safdie Realty Group
Safdie Realty Group played a significant role in representing both the seller, Joel Braun, and the buyer, Lee Family, in this successful transaction. For further inquiries and more opportunities, interested parties can directly contact Roni Yaghoobzar at [email protected].
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want