Ariel Shalom Sells Multifamily Asset At 784 Quincy Street Brooklyn For $2.35M With Nick Hovsepian

The property involved in the transaction is a multifamily asset located at 784 Quincy Street in the Brooklyn market. The sale price of the property was $2,350,000, comprising 2 units with a price per unit of $1,175,000. The total square footage of the asset is 2,520, resulting in a price per square foot of $932.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,350,000
• Units: 2
• Price Per Unit: $1,175,000
• Square Footage: 2,520
• Price Per Square Foot: $932
• Seller: Ariel Shalom
• Broker: Nick Hovsepian - The Corcoran Group

The transaction was facilitated by Ariel Shalom, the seller, and brokered by Nick Hovsepian of The Corcoran Group, representing the seller in this deal. The transaction date is documented as December 30, 2024.

Ariel Development Group is noted as a leading Real Estate Investment company specializing in luxury residential condominiums and townhouses, aligning strategy, design, and construction execution to elevate projects.