Meridian Properties And Michael Neamontakis Acquire Multifamily Asset In Brooklyn For $3.95M

The property asset involved is a MultiFamily unit located at 369 Ocean Ave in the Brooklyn market. The transaction closed on June 13, 2017, with a total price of $3,950,000.00 for a square footage of 11,036.0.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $3,950,000.00
• Address: 369 Ocean Ave
• Market: Brooklyn
• Square Footage: 11,036.0
• Buyer: Meridian Properties and Michael Neamontakis
• Seller: Leon Goldenberg and Michael Lipman
• Brokers: Erik Yankelovich - Atlas Realty Group

In this transaction, Meridian Properties and Michael Neamontakis acted as the buyers, while Leon Goldenberg and Michael Lipman served as the sellers. The deal was facilitated by Erik Yankelovich representing Atlas Realty Group.