Located in the vibrant neighborhood of Crown Heights, Brooklyn, a multifamily property at 945 Park Place has recently changed hands in a closed transaction. This 10,600 square-foot asset boasts a total of 16 units, offering a versatile and potentially lucrative investment opportunity in the heart of this sought-after market. The sale price of $4,000,000 reflects a per unit price of $250,000, while the price per square foot stands at $377.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Address: 945 Park Place, Crown Heights, Brooklyn
• Market: Crown Heights, Brooklyn
• Buyer: Eleizer Schwimer
• Seller: Chaskel Strulovitch
• Units: 16
• Price per Unit: $250,000
• Square Footage: 10,600
• Price per Square Foot: $377

In this transaction, Eleizer Schwimer emerged as the buyer, while Chaskel Strulovitch took on the role of the seller. The deal was finalized on August 23, 2022, marking a significant transaction in the Crown Heights market. With its attractive features and prime location, the multifamily property at 945 Park Place presents an enticing investment prospect for the buyer.