Estefania Knight Acquires Multifamily Portfolio From Ephraim Diamond For $28.48M In NYC

A five-building multifamily portfolio spanning Brooklyn, Manhattan, and the Bronx was sold for $28,479,143. The total square footage of the properties is approximately 290,116 square feet, which translates to a price per square foot of about $98. The addresses included in this transaction are 681 Ocean Avenue, 237 West 18th Street, 3410 Kingsbridge Avenue, 330 East 19th Street, and 916 Carroll Street.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $28,479,143
• Buyer's Name: Estefania Knight
• Seller's Name: Ephraim Diamond
• Market: Brooklyn, Manhattan & Bronx

The buyer, Estefania Knight, acquired the multifamily portfolio from seller Ephraim Diamond. This transaction reflects a notable positioning within the Brooklyn, Manhattan, and Bronx markets, illustrating the dynamics at play in these residential investment areas.