The Markaretan Family Acquires Multifamily Property In Clinton Hill For $4.6M

A multifamily property located at 481-483 Dekalb Avenue in Clinton Hill has been sold for a total of $4,625,000. The property consists of 10 units, with each unit having a price per unit of $462,500. The total square footage of the property is 7,260, resulting in a price per square foot of $637.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,625,000
• Address: 481-483 Dekalb Avenue
• Market: Clinton Hill
• Units: 10
• Price per Unit: $462,500
• Square Footage: 7,260
• Price per Square Foot: $637

The buyer of the property is the Markaretan Family. The sale was facilitated by brokers Lev Mavashev and Eli Yusupov from Alpha Realty. They represented the buyer and seller in the deal.