Ben Josef Group Holdings Acquires Multifamily Property In Boerum Hill For $20M

The multifamily property located at 82 4th Avenue in Boerum Hill, Brooklyn, was sold for $20,000,000. The asset comprises 30 units with a price per unit of $666,667 and spans 21,150 square feet, equating to a price per square foot of $946.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $20,000,000
• Buyer: The Ben Josef Family - Ben Josef Group Holdings
• Seller: Abraham Posner & Charles Wurzberger
• Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Samantha Katz & Alon Kahan - Investment Property Realty Group (IPRG)

The deal involved key individuals and companies such as the buyer, The Ben Josef Family through Ben Josef Group Holdings, and the sellers, Abraham Posner and Charles Wurzberger. The transaction was facilitated by brokers Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Samantha Katz, and Alon Kahan of Investment Property Realty Group (IPRG). For more insights on the deal, the brokerage encourages visiting their Instagram page @iprg_ny.