Carlos Saavedra And Nicole Eckstrom Acquire Brooklyn Townhouse For $15.5M With Timothy Malone As The Broker

307 Hicks Street is a single-family property located in Brooklyn. The asset was sold under contract for $15,500,000, representing one of the highest values in the market for this type of property. The transaction involved a multifamily-to-single-family conversion, highlighting its unique transition within the market.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $15,500,000
• Address: 307 Hicks Street
• Market: Brooklyn
• Buyer: Carlos Saavedra & Nicole Eckstrom
• Broker: Timothy Malone - Compass

Carlos Saavedra and Nicole Eckstrom, the buyers, are noted for leading the acquisition, marking the deal as Brooklyn's most expensive contract. The broker representing the transaction was Timothy Malone from Compass, facilitating the successful negotiation and sale.