200 Linden Boulevard (71,400 SF) Sells for $26.9M in New York

Reported Oct 16, 2026 · Source: The Real Deal

Source: The Real DealRead the full report at The Real Deal ↗

Deal details

Buyer
company led by Stephen E. Germano (deed in lieu of foreclosure)
Seller
LLC managed by Berel Farkas
Price
$26.9M
Size
71,400 SF; 69 apartments
Price per SF
$377 per SF (our calculation)
Price per unit
$389,855 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Brooklyn
Metro
New York (incl. Long Island & NJ)
Reported date
Oct 16, 2026

Summary

🏆 Commercial: The most expensive commercial sale to enter records was in Flatbush, where a mixed-use building at 200 Linden Boulevard changed hands for $26.9 million. A company led by Stephen E. Germano took over the property via a deed in lieu of foreclosure from another LLC managed by developer Berel Farkas. Source: The Real Deal.

Summarized from the article; the quoted lines below are from the article itself.

Source: The Real Deal

Read the full report at The Real Deal. What the article says:

  • Deal / Price
    🏆 Commercial: The most expensive commercial sale to enter records was in Flatbush, where a mixed-use building at 200 Linden Boulevard changed hands for $26.9 million.
  • Size
    The property spans 71,400 square feet, stands eight stories tall and has 69 apartments.
  • Buyer / Seller
    A company led by Stephen E. Germano took over the property via a deed in lieu of foreclosure from another LLC managed by developer Berel Farkas.

Article date: 2026-10-16

Frequently asked questions

How much did 200 Linden Boulevard sell for?
The reported price is $26.9M ($377 per SF, our calculation), per The Real Deal.
Who sold 200 Linden Boulevard?
The seller was LLC managed by Berel Farkas, per The Real Deal.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.