The Sohayegh Family Acquires Boerum Hill Multifamily From Legacy Equities For $3.05M | 231 Dean Street | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

2,835 sqft

An eight-unit multifamily property located at 452 Atlantic Avenue in Boerum Hill has been sold for $3,050,000. The property spans 6,000 square feet, with each unit having an average price per unit of $381,250. The price per square foot is $508.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $3,050,000
Address: 452 Atlantic Avenue
Market: Boerum Hill

The buyer of the property is the Sohayegh Family, while Legacy Equities acted as the seller. The sale was facilitated by brokers Shaun Riney, Michael Salvatico, Andrew Bronsteen, and Robbie Ferman from Marcus & Millichap. Notably, the transaction was successfully completed with the assistance of George Georgaklis from GM Law NY and Siminoulaw.

Congratulations to all parties involved in this successful sale!

Details

Deal Summary

SOLD

IMAGE: Robbie Ferman, Shaun Riney, Mike Salvatico & Andrew Bronsteen DATE: 02/02/2022 ADDRESS: 452 Atlantic Avenue MARKET: Boerum Hill ASSET TYPE: Multifamily BUYER: The Sohayegh Family SELLER: Legacy Equities BROKERS: Shaun Riney (@ShaunRiney1), Michael Salvatico (@MikeSalvatico), Andrew Bronsteen (@BkBronsteen) & Robbie Ferman (@Bobbie_Brownstone) - Marcus & Millichap SALE PRICE: $3,050,000 UNITS: 8 ~ PPU: $381,250 SF: 6,000 ~ PPSF: $508 NOTE FROM BROKER: Another great job by @Ggeorgaklis of @Gm_Law_Ny & @Siminoulaw getting this done.

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Address231 Dean Street

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