This multifamily asset, located at 589 Fifth Avenue, 104 6th Avenue, 437 Franklin Avenue, 429 Lincoln Place, and 92 Lexington Avenue in Brooklyn, encompasses 41 apartments and 1 commercial unit. The property was sold for $19,500,000, with a total of 42 units and a price per unit of $464,286. The overall square footage of the property is 31,180, translating to a price per square foot of $625.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $19,500,000
• Units: 42
• Price Per Unit: $464,286
• Square Footage: 31,180
• Price Per Square Foot: $625
• Buyer: Gabriel Family
• Seller: Kupferman Family
• Broker Representatives: Lev Mavashev & Ben Normatov - Alpha Realty

Lev Mavashev and Ben Normatov represented the seller, Kupferman Family, in this transaction, facilitating the sale between the parties involved. The transaction highlights the activity in the Brooklyn market and features a significant multifamily composition.