Ali Family Sells Multifamily Property At 43 Putnam Avenue Brooklyn For $2.5M

The property asset involved in the transaction is a multifamily building located at 43 Putnam Avenue in Brooklyn. The sale price of the property was $2,500,000, and it contains 3 units, with a price per unit of $833,333. The total square footage of the asset is 3,360, resulting in a price per square foot of $744.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Units: 3
• Price Per Unit: $833,333
• Square Footage: 3,360
• Price Per Square Foot: $744
• Seller: Ali Family
• Brokers: Shaun Riney, Andrew Bronsteen, and Jason Farese - Marcus & Millichap
• Date of Sale: 7/28/2025

The deal involved the brokerage services of Shaun Riney, Andrew Bronsteen, and Jason Farese, who represented the seller, Ali Family, throughout the transaction process. Their roles were instrumental in facilitating the sale of the property, contributing their expertise within the market.