Michael P. Neamonitakis Acquires Prospect Park South Apartment From Anna Stern For $7.4M

The property located at 36 Crooke Avenue in Prospect Park South, Brooklyn has been sold in a closed transaction. This apartment building is zoned as an R7A and features a total of 52,400 square feet. The sale took place on February 28, 2022, with a transaction price of $7,400,000. The price per buildable square foot (PPBSF) is $141, while the price per square foot (PPSF) is $143. The total floor area ratio (FAR) for the property is 3.94, and it falls under tax class 2. The lot size measures 13,100 square feet, with dimensions of 97 ft x 125 ft. An alteration permit was issued on November 1, 2017.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $7,400,000
• Market: Prospect Park South, Brooklyn
• Buyer: Michael P. Neamonitakis
• Seller: Anna Stern

The buyer, Michael P. Neamonitakis, purchased the property from the seller, Anna Stern. The deal was facilitated by their respective representatives. This transaction showcases the demand for properties in the Prospect Park South neighborhood and highlights the potential of this apartment building as an investment.