Roy DiMaggio Acquires MultiFamily Property At 2261 Ocean Ave Brooklyn For $15.5M

The property asset involved in this transaction is a MultiFamily building located at 2261 Ocean Ave in the Brooklyn market. The transaction price for the property was $15,500,000.00, with a total area of 52,812 square feet.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $15,500,000.00
• Address: 2261 Ocean Ave
• Market: Brooklyn
• Square Footage: 52,812
• Buyer: Roy DiMaggio
• Seller: Steven Adelsberg, Larry Malitsky, and Estate of Jack Sternklar
• Brokers: Erik Yankelovich (Atlas Realty Group), Yosef Katz (Atlas Realty Group), Josh Orlander (GFI Realty Services)

The deal involved key individuals including the buyer, Roy DiMaggio, and the sellers, Steven Adelsberg, Larry Malitsky, along with the Estate of Jack Sternklar. The transaction was facilitated by brokers Erik Yankelovich and Yosef Katz from Atlas Realty Group and Josh Orlander from GFI Realty Services.