Xiyu Zheng Purchases Multifamily Property From John Mastrantonis In Brooklyn For $1.375M

The property asset involved in this transaction is a multifamily building located at 1161 86th Street in the Brooklyn market. The sale price was recorded at $1,375,000, with a total of 2 residential units. The property features a total square footage of 2,295, resulting in a price per unit of $687,500 and a price per square foot of $599.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,375,000
• Address: 1161 86th Street
• Market: Brooklyn
• Units: 2
• Price Per Unit: $687,500
• Square Footage: 2,295
• Price Per Square Foot: $599
• Buyer: Xiyu Zheng
• Seller: John Mastrantonis
• Brokers: Billy Apter & Vito Angelo - Re/Max

The individuals involved in the deal include the buyer, Xiyu Zheng, and the seller, John Mastrantonis. The transaction was facilitated by brokers Billy Apter and Vito Angelo, both associated with Re/Max. A note from the brokers indicates they are top-producing agents and offers a free real estate market appraisal to potential clients.