Cun Ping Liu Acquires Multifamily Property At 540 Ovington Avenue From Pinto Family For $1.16M

The asset involved in this transaction is a multifamily property located at 540 Ovington Avenue, Brooklyn. The transaction details reveal a sale price of $1,160,000 for this asset, which consists of 6 units. The total square footage of the property is 5,100, resulting in a price per unit of $193,333 and a price per square foot of $227.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,160,000
• Units: 6
• Square Footage: 5,100
• Price Per Unit: $193,333
• Price Per Square Foot: $227
• Buyer: Cun Ping Liu
• Seller: Pinto Family
• Broker: John Brennan - Marcus & Millichap
• Date: 6/25/2026

This transaction marks a significant milestone for John Brennan, representing the 150th closed investment sales transaction from The Brennan Team since its inception in 2013. The ongoing success illustrates the team's dedication to the market.