NEW YORK CITY—A multifamily property has traded hands in the Clinton Hill section of Brooklyn at a significantly increased value compared to what the building sold for just over one year ago, GlobeSt.com has learned EXCLUSIVELY.

Akelius USA has purchased 415 Washington Ave., a six-story, 25-unit apartment building for $15 million. GFI Realty Services' Erik Yankelovich, senior director of investment sales and Shawn Sadaghati, investment sales broker, arrangedthe transaction.

The seller, Arik Lifshitz of DSA Management acquired the building for $10.25 million a little over a year ago. The elevator building consists of a mix of two-, three-, and four-bedroom residential units. A pre-war building, 415 Washington's large residences feature the high ceilings, large closets and hardwood floors associated with buildings of that era.

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.