Adam Malul Purchases Multifamily Asset From Velina Peters In Brooklyn For $990,000

The property asset involved in the transaction is a multifamily building located at 758 Snediker Avenue in the Brooklyn market. The transaction was valued at $990,000, with five units and a total square footage of 4,100, resulting in a price per unit of $198,000 and a price per square foot of $241.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $990,000
• Units: 5
• Square Footage: 4,100
• Price Per Unit: $198,000
• Price Per Square Foot: $241
• Buyer: Adam Malul
• Seller: Velina Peters
• Broker Representatives: Kerrie Lynch - Harkov Lewis Team; Lisa James & Anthony L. Morris - The Corcoran Group

The buyer, Adam Malul, and seller, Velina Peters, were represented by brokers in this deal, including Kerrie Lynch from Harkov Lewis Team and the duo Lisa James & Anthony L. Morris from The Corcoran Group. This transaction highlights the collaboration between different brokerage firms in executing property sales within the multifamily sector.