SOLD
Mike Niamonitakis Acquires Bay Ridge Multifamily For $7.25M
353 Bay Ridge Parkway
MultiFamily
30,000 SF
30,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
30,000 sqft
A multifamily property located at 353 Bay Ridge Parkway in Bay Ridge, Brooklyn has been sold for $7,250,000. The property consists of 43 units, offering an average price per unit of $168,604. Spanning across 30,000 square feet, the property has an average price per square foot of $241. The transaction took place on September 28, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,250,000
- Units: 43
- Price per Unit: $168,604
- Square Footage: 30,000
- Price per Square Foot: $241
- Market: Bay Ridge, Brooklyn
The buyer of the property is Mike Niamonitakis, while Lawrence DiGiovanna and Joanne Belcaro acted as the sellers. The deal was facilitated by Nick Pappas and Aaron Jungreis of Rosewood Realty Group who represented the parties involved in the transaction.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Aaron Jungreis & Nick Pappas
DATE: 9/28/2021
ADDRESS: 353 Bay Ridge Parkway
MARKET: Bay Ridge, Brooklyn
ASSET TYPE: Multifamily
BUYER: Mike Niamonitakis
SELLER: Lawrence DiGiovanna & Joanne Belcaro
BROKERS: Nick Pappas (@NikolaosPappas) & Aaron Jungreis (@AaronJungreis) - Rosewood Realty Group (@RosewoodRG)
SALE PRICE: $7,250,000
UNITS: 43 ~ PPU: $168,604
SF: 30,000 ~ PPSF: $241View on map
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Address353 Bay Ridge Parkway
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