Highpoint Property Group Acquires Multifamily Property On Atlantic Avenue For $16M

The multifamily property located at 86, 90, and 92 Atlantic Avenue in Cobble Hill has been involved in a closed transaction. The property consists of 30 units with a total square footage of 9,376. The deal was facilitated by Bank Leumi, who provided a loan of $16,000,000. Highpoint Property Group, represented by Drew Popkin, acted as the landlord in this transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $16,000,000
• Address: 86, 90, 92 Atlantic Avenue
• Market: Cobble Hill
• Units: 30
• Square Footage: 9,376

Drew Popkin, representing Highpoint Property Group, played a key role in the transaction as the landlord. Bank Leumi provided financing for the deal, further solidifying their involvement.