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

Property Image
SOLD
$2,350,000

New York

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MultiFamily5,400 SF
Sold 03/22/2024
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Property Image
SOLD

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

902 Avenue U

See Similar Deals
MultiFamily5,400 SF
Sold 03/22/2024
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$435
Total Square Footage:5,400 SF
Transaction Type:Sale

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:

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.

Players

Motti Blau
6 deals$76M volume
BROKER

Avraham Birnbaum
Twelve Stones Realty
24 deals$44.7M volume
BROKER

Details

SOLD
IMAGE: Avraham Birnbaum & Motti Blau DATE: 03/22/2024 ADDRESS: 902 Avenue U MARKET: Sheepshead Bay, Brooklyn ASSET TYPE: Multifamily BUYER: Sam Klein SELLER: Phil Knoll BROKER: Avraham Birnbaum - Twelve Stones Realty (@TwelveStonesRealty) & Motti Blau - Eastern Union SALE PRICE: $2,350,000 UNITS: 8 ~ PPU: $293,750 SF: 5,400 ~ PPSF: $435 NOTE FROM BROKER: I would like to express my appreciation to the TRD whatsapp group. All parties involved in this transaction met through this group. I look forward to our reunion at ReDeal. This sale marks the sixteenth sale transaction between Avraham Birnbaum and the Knoll Family

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