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Michael Neamonitakis Acquires Multifamily Property In Fort Hamilton, Brooklyn For $8.7M

Property Image
SOLD
$8,700,000
Mark Zarrella
Shaun Riney
MN

New York

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MultiFamily27,470 SF
Sold 03/16/2018
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Property Image
SOLD

Michael Neamonitakis Acquires Multifamily Property In Fort Hamilton, Brooklyn For $8.7M

101 Marine Ave, Brooklyn, NY 11209, USA

See Similar Deals
MultiFamily27,470 SF
Sold 03/16/2018
Mark Zarrella
Shaun Riney
MN
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$316
Total Square Footage:27,470 SF
Transaction Type:Sale

A multifamily property located at 101 Marine Avenue in Fort Hamilton, Brooklyn has been sold for $8,700,000. The property spans 27,470 square feet and has a price per square foot of $317. It consists of 30 units, with a price per unit of $290,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $8,700,000
  • Square Footage: 27,470 sf
  • Price per Square Foot: $317
  • Number of Units: 30
  • Price per Unit: $290,000
  • Address: 101 Marine Avenue
  • Market: Fort Hamilton, Brooklyn

The seller of the property was Steve Drogaris, while the buyer was Michael Neamonitakis. The deal was facilitated by Shaun Riney and Mark Zarrella of New York Multifamily, one of the most successful brokerage teams in New York.

Players

Mark Zarrella
Marcus & Millichap
Mark Zarrella
38 deals$262.2M volume(718) 475-4376
BROKER
Shaun Riney
Marcus & Millichap
Shaun Riney
355 deals$1.8B volume(718) 475-4369
BROKER
MN
Davean Holdings
Michael Niamonitakis
10 deals$110.8M volume
BROKER
MN
Davean Holdings
Michael Niamonitakis
10 deals$110.8M volume
BROKER

Details

SOLD
IMAGE: Mark Zarrella (@MarkZarella) and Shaun Riney (@ShaunRiney) DATE: 03/16/2018 ADDRESS: 101 Marine Avenue CITY: New York MARKET: Fort Hamilton, Brooklyn ASSET TYPE: Multifamily PRICE: $8,700,000 SF: 27,470 sf PPSF: $317 UNITS: 30 PPU: $290K SELLER: Steve Drogaris BUYER: Michael Neamonitakis BROKER: Shaun Riney and Mark Zarrella Of @newyorkmultifamily - of the most successful brokerage teams in NY.

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