Todd Rose Purchases Multifamily Property On Pierrepont Street From Meyer Jeger For $4.5M

This multifamily asset, located at 102 Pierrepont Street in Brooklyn, was sold for $4,515,000. The property encompasses a total area of 7,530 square feet, translating to a price per square foot of $599.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,515,000
• Address: 102 Pierrepont Street
• Market: Brooklyn
• Square Footage: 7,530
• Price per Square Foot: $599
• Buyer: Todd Rose
• Seller: Meyer Jeger
• Brokers: Shaun Riney, Michael Salvatico & Will Carbonari - Marcus & Millichap

This transaction highlights the collaboration between brokers Shaun Riney, Michael Salvatico, and Will Carbonari from Marcus & Millichap, who facilitated the sale. Special acknowledgment is given to Michael Mishaan and Joseph Cohen for their respective contributions as seller and buyer counsel. The buyer, Todd Rose, successfully completed a 14-year pursuit of this property, having engaged with it previously when it last sold in 2012 for $3,000,000.