Abe Schiff Purchases Multifamily Property On Wilson Avenue In Brooklyn For $2.37M

The property involved in this transaction is a multifamily asset located at 475-477 Wilson Avenue in Brooklyn. The sale price was $2,370,000, consisting of 16 units, which results in a price per unit of $148,125. The total square footage of the asset is 14,660, equating to a price per square foot of $161.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,370,000
• Units: 16
• Price Per Unit: $148,125
• Square Footage: 14,660
• Price Per Square Foot: $161
• Buyer: Abe Schiff
• Brokers: Shaun Riney, Michael Salvatico, Daniel Greenblatt & Vincent Tomaselli - Marcus & Millichap

The key individuals involved in this transaction include Abe Schiff as the buyer and a team of brokers from Marcus & Millichap, namely Shaun Riney, Michael Salvatico, Daniel Greenblatt, and Vincent Tomaselli, who represented the transaction.