Ace Management/Schwartz Real Estate Acquires Multi Family Property In Midwood, Brooklyn For $15M
2626 Kings Highway
54,700 SF
Summary
The multi-family property located at 2626 Kings Highway in Midwood, Brooklyn has been sold for a price of $15,000,000. The property spans a total area of 54,700 square feet, resulting in a price per square foot of $274. The transaction was completed by Ace Management and Schwartz Real Estate as the buyers, while 2626 Kings Highway, LLC / Landau Real Estate acted as the sellers. The deal was facilitated by brokers Michael Guttman and Aaron Jungreis from Rosewood Realty Group.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $15,000,000
- Address: 2626 Kings Highway, Midwood, Brooklyn
- Square Footage: 54,700
- Price per Square Foot: $274
- Seller: 2626 Kings Highway, LLC / Landau Real Estate
- Buyer: Ace Management/Schwartz Real Estate
- Brokers: Michael Guttman & Aaron Jungreis from Rosewood Realty Group
The successful transaction at 2626 Kings Highway involved Ace Management and Schwartz Real Estate as the buyers, who acquired the multi-family property for $15,000,000. The property spans an area of 54,700 square feet, commanding a price per square foot of $274. Acting as the sellers were 2626 Kings Highway, LLC / Landau Real Estate. The deal was facilitated by Michael Guttman and Aaron Jungreis from Rosewood Realty Group.
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