Sam Klein Acquires Multifamily Property In Sheepshead Bay For $2.35M

The multifamily property located at 902 Avenue U in Sheepshead Bay, Brooklyn, was sold for $2,350,000. The property comprises 8 units with a total square footage of 5,400. The price per unit equated to $293,750, and the price per square foot was $435.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,350,000
• Address: 902 Avenue U
• Market: Sheepshead Bay, Brooklyn
• Buyer: Sam Klein
• Seller: Phil Knoll
• Broker: Avraham Birnbaum - Twelve Stones Realty & Motti Blau - Eastern Union

The sale transaction at 902 Avenue U was facilitated by Avraham Birnbaum from Twelve Stones Realty and Motti Blau from Eastern Union. Notably, this sale marked the sixteenth transaction between Avraham Birnbaum and the Knoll Family, with all parties involved initially connecting through the TRD WhatsApp group. There is anticipation for a future gathering at ReDeal as a result of this successful transaction.