Ed Ostad Acquires Package Deal Of 80 Apartments And 32 Retail Stores From Pintchik Family For $102.5M

The asset involved in this transaction is a Package Deal consisting of 80 apartment units and 32 retail stores located in Brooklyn. The total sale price for this property is $102,500,000, and it encompasses a total square footage of 115,000.

Summary of transaction details:

• Property Type: Package Deal (80 Apartments & 32 Retail Stores)
• Transaction Amount: $102,500,000
• Buyer: Ed Ostad
• Seller: Pintchik Family
• Broker: Richard Velotta - Raven Property Advisors

This transaction involves Ed Ostad as the buyer and the Pintchik Family as the seller, with Richard Velotta from Raven Property Advisors representing the broker in the deal.