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David Chang Of Compass Acquires Multifamily Property In Bushwick For $2.4M

1261 Bushwick Avenue
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This MultiFamily property located in NY was sold for $2,400,000 almost 2 years ago. The brokers of the deal were David Chang, Dani Ohayon, and Tomer Shmuel

Located at 1261 Bushwick Ave in the Bushwick neighborhood, this multifamily property recently changed hands in a closed transaction. The deal was facilitated by David Chang of Compass, representing the buyer, and Tomer Shmuel and Dani Ohayon of Massada Home Sales Inc., representing the seller.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Sale Price: $2,400,000
  • Number of Units: 3
  • Price per Unit: $800,000
  • Square Footage: 4,400
  • Price per Square Foot: $545
  • Market: Bushwick

The buyer's representative, David Chang from Compass, played a crucial role in this transaction. On the other side, the seller was represented by Tomer Shmuel and Dani Ohayon from Massada Home Sales Inc. The property offers a total of three units, with each unit valued at an average of $800,000. The sale price of the entire property amounted to $2,400,000, making it a valuable investment in the Bushwick market.

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Deals
  • Location
    1261 Bushwick Avenue, Brooklyn, New York 11207, United States1261 Bushwick Avenue, Brooklyn, New York 11207, United States
  • Sale Price
    $2,400,000$2,400,000
    $545 PPSF$545 PPSF
  • Area
    4,400 SF4,400 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

David Chang

David Chang

Deals31
Sold$163.6M

Agencies

Compass

Compass

Agency
Deals2901
Volume$20.9B

Oxford Property Group

Oxford Property Group

Agency
Deals23
Volume$58.2M

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Deal Summary

SALE IMAGE: David Chang, Tomer Shmuel & Dani Ohayon DATE: 05/12/2022 ADDRESS: 1261 Bushwick Ave MARKET: Bushwick ASSET TYPE: Multifamily BUYER’S REP: David Chang (@DavidChangNY) - Compass (@Compass) SELLER’S REP: Tomer Shmuel (@TomerTheRealtor) & Dani Ohayon (@Brooklyn.TopHouses_) - Massada Home Sales Inc. (@MassadaHomeSales) SALE PRICE: $2,400,000 UNITS: 3 ~ PPU: $800,000 SF: 4,400 ~ PPSF: $545

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1261 Bushwick Avenue

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