Steven Kordvani And Jonathan Loloi Of Parkview Properties Acquire Brooklyn MultiFamily Asset For $8.4M

The property asset involved in this transaction is a MultiFamily building comprising 17 apartments and 2 commercial spaces, located at 499 Evergreen Avenue & 503 Evergreen Avenue in Brooklyn. The transaction was completed for a price of $8,400,000, featuring a total of 24,800 square feet which translates to a price per square foot of $339. The transaction resulted in a price per unit of $442,105 for the 19 units included in the sale.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $8,400,000
• Address: 499 Evergreen Avenue & 503 Evergreen Avenue
• Market: Brooklyn
• Units: 19
• Square Footage: 24,800
• Price Per Unit: $442,105
• Price Per Square Foot: $339
• Buyer: Steven Kordvani & Jonathan Loloi - Parkview Properties
• Brokers: Lev Mavashev, Ben Normatov & Eli Yusupov - Alpha Realty

Key individuals representing the buyers include Steven Kordvani and Jonathan Loloi from Parkview Properties who facilitated the acquisition of this asset. The representatives for the transaction also included Lev Mavashev, Ben Normatov, and Eli Yusupov from Alpha Realty, who played a significant role in the negotiation and finalization of the sale.