Mendel Schwartz Purchases Multifamily Property From Dibella Family In Brooklyn For $2.2M

The multifamily asset located at 148 Conselyea Street in Brooklyn was sold for $2,200,000. The property consists of 5 units with a total square footage of 5,600, resulting in a price per unit of $440,000 and a price per square foot of $392.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,200,000
• Units: 5
• Square Footage: 5,600
• Price Per Unit: $440,000
• Price Per Square Foot: $392
• Buyer: Mendel Schwartz
• Seller: Dibella Family
• Broker: Josh Farshad

Josh Farshad represented the broker in this transaction. Park View, under his ownership, has successfully closed over $18M in deals within the past year, emphasizing their efficient and discreet process in the real estate market.