ABJ Properties Acquires Multifamily Property In Park Slope For $11.1M

A multifamily property located at 475 & 479 4th Avenue in Park Slope has been sold for a total of $11,097,000. The property spans a total of 17,539 square feet, resulting in a price per square foot of $633. The sale was facilitated by Adam J. Hess and Edward Setton, brokers from Meridian Capital Group. The transaction was completed on April 11, 2022. The buyer, ABJ Properties, represented by Ben Soleimani & Joe Soleimani, acquired the property from the seller, Rosalind Resnick.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $11,097,000
• Square Footage: 17,539 sf
• Price Per Square Foot: $633
• Market: Park Slope

The sale of 475 & 479 4th Avenue in Park Slope was successfully completed with the assistance of brokers Adam J. Hess and Edward Setton from Meridian Capital Group. They played a key role in facilitating the transaction between the buyer, ABJ Properties, represented by Ben Soleimani & Joe Soleimani, and the seller, Rosalind Resnick. The deal was finalized on April 11, 2022, resulting in the property changing ownership at a price of $11,097,000. The property offers a total of 17,539 square feet of space and is located in the Park Slope market.