Jemal family trades Midwood home for $14M
The family behind real estate investment and management company JJ Operating Inc. sold a home in Midwood, Brooklyn, for a whopping $13.6 million. Samuel and Isaac Jemal sold a property at 1151 East Seventh Street to a buyer whose identity is shielded by a shell company, 18 Midwood Owner LLC, according to public records. The deal was more than four times the amount the Jemals paid for the home when they bought it for $3 million in 2016. The deal appears to have been off-market, and few details about the property are publicly available. Listing descriptions on Zillow and Realtor.com […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
ICYMI: Diving into NY’s top 100 real estate players
Pied-à-terre tax proposal rankles real estate
What NYC can learn from other cities with pied-a-terre
taxes
The Daily Dirt: After all that? Building workers reach
tentative contract agreement
Cities Invest In 3D Printing Homes To Solve Housing
Challenges
Investors Are Rushing to New Jersey Despite High Taxes and
Cost of Living—What’s Going On?
The Markets Where Renters Have the Most Power—And What
Investors Can Do About It
LISTEN: Has spring sprung in New York’s housing market? An
expert weighs in
Nussbaum Lowinger files for Chapter 11 bankruptcy
TRD PolicyPro: Brace for the Tenant Power Act
