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475 & 479 4th Avenue
SOLD

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

475 & 479 4th Avenue

MultiFamily
17,539 SF
clock iconSold 1 year ago
Edward (Eddie) Setton
Adam J Hess
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Summary

Sale
NEW YORK
MultiFamily
17,539 sqft

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.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Edward (Eddie) Setton's profile picture
Edward (Eddie) Setton
Meridian Capital Group-image
Vice President
$185.8M Sold

Details

Deal Summary
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SOLD
IMAGE: Adam J. Hess & Edward Setton DATE: 04/11/2022 ADDRESS: 475 & 479 4th Avenue MARKET: Park Slope ASSET TYPE: Multifamily BUYER: ABJ Properties – Ben Soleimani & Joe Soleimani SELLER: Rosalind Resnick BROKERS: Adam J. Hess (@TeamHessBK) & Edward Setton - Meridian Capital Group (@MeridianCapitalGroup) SALE PRICE: $11,097,000 SF: 17,539 ~ PPSF: $633 GRM: 16x PPU: $693,000

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