Sollevare Group Acquires Mixed-Use Property At 122 Montague Street For $5.1M From JSRE

The property involved in this transaction is a mixed-use asset located at 122 Montague Street in Brooklyn. The sale price was $5,100,000, with a total of 5 units. The property encompasses a square footage of 6,973, resulting in a price per unit of $1,020,000 and a price per square foot of $731.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,100,000
• Units: 5
• Square Footage: 6,973
• Price Per Unit: $1,020,000
• Price Per Square Foot: $731
• Buyer: Sollevare Group
• Seller: JSRE
• Brokers: David Schechtman, Jonathan (Jon) Schwartz & Henry Barnathan - Meridian Capital Group

Key individuals involved in this transaction include the buyer Sollevare Group and the seller JSRE. The brokerage representation for this deal was provided by David Schechtman, Jonathan (Jon) Schwartz, and Henry Barnathan from Meridian Capital Group, who facilitated the process for both parties involved.