Albert Srour Acquires Multifamily Property In Midwood For $18M

Located in the Midwood/Brooklyn market, the multifamily property at 800 Avenue H has recently been sold. The property spans a total area of 76,438 square feet and was sold for a price of $18,000,000, slightly lower than the initial asking price of $19,950,000. With a price per square foot of $235, this transaction showcases the vibrant real estate market in the area.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $18,000,000
• Address: 800 Avenue H, Midwood/Brooklyn
• Square Footage: 76,438
• Price per Square Foot: $235

Peter Von Der Ahe, Joe Koicim, Shaun Riney, Mark Zarrella, Dan Greenblatt, and Zalman Yarmush were the brokers involved in this transaction, representing the respective parties. The seller, Bonnie Gold, and the buyer, Albert Srour, successfully closed this deal with the help of these experienced brokers. This successful transaction highlights the expertise and knowledge of these professionals in the real estate market.