Michael Shah Of Delshah Capital Acquires 47-Unit Multifamily Building In Williamsburg For $43M

452 Keap Street is a five-story, 47-unit residential building located in Williamsburg, Brooklyn. The property was acquired for $43 million and encompasses a total square footage of 64,900, resulting in a price per square foot of $663 and a price per unit of $914,894.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $43,000,000
• Address: 452 Keap Street
• Market: Williamsburg, Brooklyn
• Square Footage: 64,900
• Price Per Square Foot: $663
• Units: 47
• Price Per Unit: $914,894
• Buyer: Michael Shah - Delshah Capital
• Seller: Parkview Management
• Brokers: Aaron Jungreis, Ben Khakshoor, Alex Fuchs & Eli Shayestehpour - Rosewood Realty Group

DelShah Capital, represented by Michael Shah, purchased the property from Parkview Management as part of a larger portfolio transaction totaling $127.8 million. The deal involved key brokers from Rosewood Realty Group, specifically Aaron Jungreis, Ben Khakshoor, Alex Fuchs, and Eli Shayestehpour.