Eliyahu Blaleh Acquires Multifamily Asset At 112 North 7th Street Brooklyn For $3.8M

The property asset involved in this transaction is a multifamily dwelling located at 112 North 7th Street in Brooklyn. The sale price was set at $3,800,026, and the property features a total of 5 units within a square footage of 2,852, which results in a price per unit of $760,005 and a price per square foot of $1,332.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,800,026
• Units: 5
• Price Per Unit: $760,005
• Square Footage: 2,852
• Price Per Square Foot: $1,332
• Buyer: Eliyahu Blaleh
• Seller: Christine Blackburn & Lior Barak
• Broker: Joshua Malekan - Bridge Advisory Group
• Sale Date: 8/19/2025

The transaction involved two brokers, Christine Blackburn and Lior Barak, who listed the property with a consistent asking price of $4,000,000 for three years, without open co-brokerage arrangements. After the exclusivity period expired, Joshua Malekan successfully identified a qualified buyer in three weeks, leading to a full asking price agreement with a 60-day, all-cash closing.