Harry Stephenson, Michael Della Cava & Dustin Zucker Acquire Multifamily Property In Brooklyn For $11.5M

The property asset involved in this transaction is a MultiFamily building located at 60-66 Cleark Street in Brooklyn. The sale price was $11,500,000, with a total of 39 units and a square footage of 27,610, which corresponds to a price per unit of $294,871 and a price per square foot of $416.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $11,500,000
• Units: 39
• Square Footage: 27,610
• Price Per Unit: $294,871
• Price Per Square Foot: $416
• Buyer: Harry Stephenson, Michael Della Cava & Dustin Zucker - R.A. Cohen & Associates, Inc.
• Brokers: Hall Oster, Jonathan Hageman, Brendan Maddigan, Michael Mazzara, Conrad Martin, Connor McCullough, Teddy Galligan, Braedon Gait & Logan Boenning - JLL
• Attorneys: Craig L. Price & Lawrence Shepps - Belkin, Burden, Goldman, LLP

The deal involved multiple key players in the real estate market, with the brokerage representation provided by JLL through a team of brokers. The attorneys handling the transaction were from the law firm Belkin, Burden, Goldman, LLP, ensuring proper legal oversight throughout the sale process.