Arthur Gabriel Acquires The 2B Turnkey Collection Multifamily In Brooklyn For $15.85M

The asset involved in this transaction is a MultiFamily property known as The 2B Turnkey Collection, located at 370 Baltic Street, 56 Frost Street & 390 Fifth Avenue in Brooklyn. The property was sold for $15,850,000 and encompasses 6,960 square feet, equating to a price per square foot of $2,277.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $15,850,000
• Square Footage: 6,960
• Price per Square Foot: $2,277
• Address: 370 Baltic Street, 56 Frost Street & 390 Fifth Avenue
• Submarkets: Park Slope, Boerum Hill, Williamsburg
• Market: Brooklyn
• Buyer: Arthur Gabriel
• Seller: Matthew Beer
• Broker Representatives: Shaun Riney, Michael Salvatico, Andrew Bronsteen, Will Carbonari & Harrison Rich - Marcus & Millichap

This transaction involved key individuals including the buyer, Arthur Gabriel, and the seller, Matthew Beer. The deal was represented by a team from Marcus & Millichap, comprising Shaun Riney, Michael Salvatico, Andrew Bronsteen, Will Carbonari, and Harrison Rich.