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The Park Family Acquires Multifamily Property In Brooklyn For $12.2M

390 South 2nd Street
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This MultiFamily property located in NY was sold for $12,225,000 over 5 years ago. The brokers of the deal were Sean Lefkovits and Rami Polinsky

The multifamily property located at 390 South 2nd Street in Brooklyn has been sold for a total price of $12,225,000. The property spans across 13,800 square feet, resulting in a price per square foot of $886. It consists of 19 units, with each unit being valued at approximately $645,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $12,225,000
  • Street Address: 390 South 2nd Street
  • Market: Brooklyn
  • Total Square Footage: 13,800
  • Price per Square Foot: $886
  • Number of Units: 19

The buyer in this transaction is The Park Family, while the seller is the Cielawak Family Partnership. The deal was facilitated by Rami Polinsky and Sean Lefkovits of @HPNY_, who represented both the buyer and the seller as brokers.

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Deals
  • Location
    390 South 2nd Street, Brooklyn, NY 11211390 South 2nd Street, Brooklyn, NY 11211
  • Sale Price
    $12,225,000$12,225,000
    $885 PPSF$885 PPSF
  • Area
    13,800 SF13,800 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers2 Brokers

Agents

Sean Lefkovits

Sean Lefkovits

Deals12
Financed$36.6M

Rami Polinsky

Rami Polinsky

Deals7
Sold$17.6M

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Deal Summary

SALE IMAGE: Sean Lefkovits & Rami Polinsky DATE: 08/2/2018 ADDRESS: 390 South 2nd Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: The Park Family SELLER: Cielawak Family Partnership BROKERS: Rami Polinsky (@Ramip5) and Sean Lefkovits (@4lefko) of @HPNY_ represented both sides of the transaction. PRICE: $12,225,000 SF: 13,800 ~ PPSF: 886 UNITS: 19 ~ PPU: $645,000

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390 South 2nd Street

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