Gwendolyn Grant Acquires Multifamily Property On Cleveland St, East New York For $1.245M

917 Cleveland St. in East New York has been sold in a recent transaction. The property is a multifamily asset with a total square footage of 3,750. The sale took place on February 12, 2021, and the buyer is Gwendolyn Grant while the seller is Sam Vaknin. The transaction was facilitated by brokers Nina Sabag, David Natanov, and Shoshana Plashteav from 5_Boro_Realty. The sale price for the property was $1,245,000, resulting in a price per square foot of $332. The property consists of 3 units, with an average price per unit of $415,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,245,000
• Address: 917 Cleveland St.
• Market: East New York
• Zoning: R5

This sale marks the highest sale of a 3-family property in East New York for the period of 2020/2021, according to a note from 5_Boro_Realty.