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The Sohayegh Family Acquires Boerum Hill Multifamily From Legacy Equities For $3.05M

231 Dean Street
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This MultiFamily property located in NY was sold for $3,700,000 about 2 years ago.

An eight-unit multifamily property located at 452 Atlantic Avenue in Boerum Hill has been sold for $3,050,000. The property spans 6,000 square feet, with each unit having an average price per unit of $381,250. The price per square foot is $508.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,050,000
  • Address: 452 Atlantic Avenue
  • Market: Boerum Hill

The buyer of the property is the Sohayegh Family, while Legacy Equities acted as the seller. The sale was facilitated by brokers Shaun Riney, Michael Salvatico, Andrew Bronsteen, and Robbie Ferman from Marcus & Millichap. Notably, the transaction was successfully completed with the assistance of George Georgaklis from GM Law NY and Siminoulaw.

Congratulations to all parties involved in this successful sale!

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Deals
  • Location
    231 Dean Street, Brooklyn, New York 11217, United States231 Dean Street, Brooklyn, New York 11217, United States
  • Sale Price
    $3,700,000$3,700,000
    $1,305 PPSF$1,305 PPSF
  • Area
    2,835 SF2,835 SF
  • Asset Type
    MultiFamilyMultiFamily

Deal Summary

SALE IMAGE: Robbie Ferman, Shaun Riney, Mike Salvatico & Andrew Bronsteen DATE: 02/02/2022 ADDRESS: 452 Atlantic Avenue MARKET: Boerum Hill ASSET TYPE: Multifamily BUYER: The Sohayegh Family SELLER: Legacy Equities BROKERS: Shaun Riney (@ShaunRiney1), Michael Salvatico (@MikeSalvatico), Andrew Bronsteen (@BkBronsteen) & Robbie Ferman (@Bobbie_Brownstone) - Marcus & Millichap SALE PRICE: $3,050,000 UNITS: 8 ~ PPU: $381,250 SF: 6,000 ~ PPSF: $508 NOTE FROM BROKER: Another great job by @Ggeorgaklis of @Gm_Law_Ny & @Siminoulaw getting this done.

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