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Charles Kupferman Sells Multifamily Portfolio In Brooklyn For $45 Million With Lev Mavashev As The Broker

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SOLD
$45,000,000

New York

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MultiFamily10,000 SF
Sold 10/01/2025
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SOLD

Charles Kupferman Sells Multifamily Portfolio In Brooklyn For $45 Million With Lev Mavashev As The Broker

591 Fifth Avenue

See Similar Deals
MultiFamily10,000 SF
Sold 10/01/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$4,500
Total Square Footage:10,000 SF
Transaction Type:Sale

This sale involves multiple multifamily properties located at 591 5th Avenue, 104 6th Avenue, 99 5th Avenue, 459 6th Avenue, 451 State Street, 536 9th Street, 719 Union Street, 429 Lincoln Place, 437 Franklin Avenue, 92 Lexington Avenue, 104 Fort Greene Place, 112 Fort Greene Place, and 1094 Dean Street in Brooklyn. The properties encompass a total of 100 units with a sale price of $45,000,000, translating to a price per unit of $450,000. The total square footage of the properties is 70,200, resulting in a price per square foot of $641.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $45,000,000
  • Units: 100
  • Price per Unit: $450,000
  • Total Square Footage: 70,200
  • Price per Square Foot: $641
  • Seller: Charles Kupferman
  • Broker: Lev Mavashev - Alpha Realty
  • Date of Transaction: 10/1/2025
  • Market: Brooklyn

Lev Mavashev served as the broker in this transaction, representing Charles Kupferman as the seller. Notably, Charles Kupferman expressed confidence in Lev based on their long-standing professional relationship, stating that the execution of the sale was seamless and resulted in an upgrade of their holdings while simplifying management.

Players

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

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

Details

SOLD
IMAGE: Lev Mavashev DATE: 10/1/2025 ADDRESS: 591 5th Avenue, 104 6th Avenue, 99 5th Avenue, 459 6th Avenue, 451 State Street, 536 9th Street, 719 Union Street, 429 Lincoln Place, 437 Franklin Avenue, 92 Lexington Avenue, 104 Fort Greene Place, 112 Fort Greene Place & 1094 Dean Street MARKET: Brooklyn ASSET TYPE: Multifamily SELLER: Charles Kupferman BROKERS: Lev Mavashev (@Lev_Mavashev) - Alpha Realty (@Alpha_Realty_NY) SALE PRICE: $45,000,000 UNITS: 100 ~ PPU: $450,000 SF: 70,200 ~ PPSF: $641 NOTE FROM SELLER: “I’ve known Lev for over 15 years, first as an attorney sitting across the table from him at countless closings. When the time came to sell our own Brooklyn holdings, I knew exactly who to call. Selling with Lev and the team was the right move—their execution was seamless, and thanks to them, we were able to upgrade our holdings and simplify our management.”

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