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

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.