Jean Patrick Acquires Multifamily Building In Brooklyn From Joe Masillo For $3.7M

The property involved in this transaction is a multifamily asset located at 464 5th Street in Brooklyn. It was sold for a transaction amount of $3,700,000. The asset consists of 4 units and has a total square footage of 3,340, resulting in a price per unit of $925,000 and a price per square foot of $1,107.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,700,000
• Units: 4
• Price Per Unit: $925,000
• Square Footage: 3,340
• Price Per Square Foot: $1,107
• Buyer: Jean Patrick
• Seller: Joe Masillo
• Seller's Representative: Reginald Louissaint - Keller Williams Realty
• Date of Sale: 11/15/2025
• Market: Brooklyn

Reginald Louissaint, representing the seller, noted that the building had been owned within the family trust for over 75 years. His contact details are [email protected], and he is a licensed salesperson in NYC and Paris.