The Zafir Family Acquires Bay Ridge Multifamily For $6.7M With Brokers Shaun Riney, Mark Zarrella & Seth Glasser

A multifamily property located at 545 85th Street in Bay Ridge has been sold for a total of $6,715,000. The property spans a total of 28,632 square feet, resulting in a price per square foot of $235. It consists of 43 units, with a price per unit of $156,163.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,715,000
• Address: 545 85th Street
• Market: Bay Ridge

The Zafir Family has acquired the property as the buyer in this transaction. They were represented by the brokers Shaun Riney, Mark Zarrella, and Seth Glasser from Marcus & Millichap.