Augoustis Neamonitis Acquires Multifamily Property In Bath Beach For $3.55M With Brokers Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring & Andrew Cipolli

Located in Bath Beach, the multifamily property at 194 Bay 22nd St. has recently been sold. The property consists of 16 units with a total square footage of 13,940. The sale price reached $3,550,000, resulting in a per unit price of $221,875. The price per square foot stands at $254.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,550,000
• Address: 194 Bay 22nd St.
• Market: Bath Beach
• Buyer: Augoustis Neamonitis
• Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, and Andrew Cipolli - Investment Property Realty Group (IPRG)
• Units: 16
• Price per Unit: $221,875
• Total Square Footage: 13,940
• Price per Square Foot: $254

The deal was facilitated by Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, and Andrew Cipolli, representing Investment Property Realty Group (IPRG). The successful sale of this multifamily property in Bath Beach showcases the expertise of the involved individuals and the commitment of IPRG to delivering exceptional real estate services.