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Arthur Gabriel & Suren Gabriel Acquire Multifamily Portfolio In Brooklyn For $36M

Property Image
SOLD
$36,000,000
Lev Mavashev
+ 1

New York

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MultiFamily58,000 SF
Sold 09/10/2025
the dealplayerscompscontact
Property Image
SOLD

Arthur Gabriel & Suren Gabriel Acquire Multifamily Portfolio In Brooklyn For $36M

589 Fifth Avenue

See Similar Deals
MultiFamily58,000 SF
Sold 09/10/2025
Lev Mavashev
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$620
Total Square Footage:58,000 SF
Transaction Type:Sale

The transaction involves a multifamily portfolio consisting of 76 units across multiple addresses in Brooklyn, including 591 5th Ave., 104 6th Ave., 99 5th Ave., 459 6th Ave., 451 State St., 536 9th St., 719 Union St., 429 Lincoln Pl., 437 Franklin Ave., and 92 Lexington Ave. The asset encompasses a total square footage of 58,000 and was sold for $36,000,000, resulting in a price per unit of $473,684 and a price per square foot of $620.

Summary of transaction details:

  • Property Type: Multifamily Portfolio
  • Transaction Amount: $36,000,000
  • Buyer: Arthur Gabriel & Suren Gabriel
  • Brokers: Lev Mavashev & Ben Normatov - Alpha Realty
  • Units: 76
  • Square Footage: 58,000
  • Price Per Unit: $473,684
  • Price Per Square Foot: $620

Arthur Gabriel and Suren Gabriel are the buyers of the multifamily portfolio. The brokers facilitating the transaction were Lev Mavashev and Ben Normatov, representing Alpha Realty in the deal.

Players

Lev Mavashev
105 deals$704M volume(212) 658-0955
BROKER

Ben Normatov
41 deals$269.9M volume(917) 355-6239
BROKER


4 deals$54.8M volume
BUYER

Details

SOLD
IMAGE: Lev Mavashev, Arthur Gabriel, Suren Gabriel & Ben Normatov DATE: 9/09/2025 ADDRESS: 591 5th Ave., 104 6th Ave., 99 5th Ave., 459 6th Ave., 451 State St., 536 9th St., 719 Union St., 429 Lincoln Pl., 437 Franklin Ave. & 92 Lexington Ave MARKET: Brooklyn ASSET TYPE: Multifamily Portfolio BUYER: Arthur Gabriel & Suren Gabriel BROKERS: Lev Mavashev (@Lev_Mavashev) & Ben Normatov (@Ben_Normatov) - Alpha Realty (@Alpha_Realty_NY) SALE PRICE: $36,000,000 UNITS: 76 ~ PPU: $473,684 SF: 58,000 ~ PPSF: $620

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