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KPG Management Sells Multifamily Property In Bushwick, Brooklyn For $1.75M

297 Himrod Stree bushwick
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This MultiFamily property located in NY was sold for $1,750,000 over 1 year ago. The brokers of the deal were Shaun Riney and Michael (Mike) Salvatico

The multifamily property located at 297 Himrod Street in Bushwick, Brooklyn has been sold for $1,750,000. The property consists of 6 units with a price per unit (PPU) of $291,667. The total square footage of the property is 5,035, resulting in a price per square foot (PPSF) of $348.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,750,000
  • Units: 6
  • PPU: $291,667
  • Square Footage: 5,035
  • PPSF: $348

The seller of the property is The Krantz Family, represented by KPG Management. The transaction was facilitated by brokers Shaun Riney and Michael Salvatico of Marcus & Millichap.

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Deals
  • Location
    297 Himrod Street297 Himrod Street
  • Sale Price
    $1,750,000$1,750,000
    $347 PPSF$347 PPSF
  • Area
    5,035 SF5,035 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Michael (Mike) Salvatico

Michael (Mike) Salvatico

Deals132
Financed$603M

Shaun Riney

Shaun Riney

Deals263
Financed$1.4B

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Shaun Riney & Michael Salvatico DATE: 12/21/2022 ADDRESS: 297 Himrod Street MARKET: Bushwick, Brooklyn ASSET TYPE: Multifamily SELLER: The Krantz Family – KPG Management BROKERS: Shaun Riney & Michael Salvatico - Marcus & Millichap SALE PRICE: $1,750,000 UNITS: 6 ~ PPU: $291,667 SF: 5,035 ~ PPSF: $348 &Millichap &Millichap

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297 Himrod Stree bushwick

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