Adam Jama Acquires Multifamily Asset On India Street For $2.35M

The multifamily property located at 83A India Street in Greenpoint, Brooklyn, was recently sold for $2,350,000. The property consists of 3 units with a total square footage of 2,362. The price per unit equates to $783,333, and the price per square foot is $995.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,350,000
• Units: 3
• Square Footage: 2,362
• Price per Unit: $783,333
• Price per Square Foot: $995
• Address: 83A India Street, Greenpoint, Brooklyn
• Market: Greenpoint, Brooklyn

The transaction involved various key individuals and companies. Adam Jama was the buyer, while Richard Siegel acted as the seller. Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura, and Sal Monteverde from Investment Property Realty Group represented the buyer. On the seller's side, Paul Murphy from Compass served as the seller's representative in this deal.