Elias Bergen Properties Acquires Multifamily Property From David & Laura Knopf For $4,999,999

The property involved in this transaction is a multifamily asset located at 576 Bergen Street in Brooklyn. It was sold for a price of $4,999,999. The asset comprises 2 units and has a total square footage of 3,400, resulting in a price per unit of $2,499,999 and a price per square foot of $1,470.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,999,999
• Units: 2
• Square Footage: 3,400
• Price per Unit: $2,499,999
• Price per Square Foot: $1,470
• Buyer: Elias Bergen Properties
• Seller: David & Laura Knopf
• Buyer's Representative: Gerard Smith - Douglas Elliman
• Seller's Representatives: Matt Lesser, Tori Landon & Michael Pinchasick - Leslie Garfield

The deal features significant representation, with Gerard Smith acting on behalf of the buyer, Elias Bergen Properties, while the sellers, David & Laura Knopf, are represented by a team of Matt Lesser, Tori Landon, and Michael Pinchasick from Leslie Garfield, indicating a collaborative effort in completing the transaction.