The property involved in this transaction is a multifamily asset located at 576 Carroll Street in Brooklyn. The sale price was $3,745,000, comprising 2 units. The total square footage of the property is 3,175, resulting in a price per unit of $1,872,500 and a price per square foot of $1,179.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,745,000
• Units: 2
• Square Footage: 3,175
• Price Per Unit: $1,872,500
• Price Per Square Foot: $1,179
• Buyer: Jennifer Deluna
• Seller: Elaine Restler
• Buyer's Representative: Ian Mednick - Compass

The buyer's representative, Ian Mednick, facilitated this transaction and was introduced to the buyer through another brokerage. The buyer was completing a 1031 exchange and sought the representation of an experienced agent in multifamily acquisitions and 1031 exchange requirements. A referral fee was paid to the referring brokerage in this transaction.