Peggy Hung Chun Ma Acquires Retail Building From Wharton Properties And Midtown Equities In Clinton Hill For $9.4M

A one-story retail building located at 449 Myrtle Avenue in Clinton Hill, Brooklyn, was sold for $9,400,000. The property spans 12,500 square feet and has a price per square foot of $752. The building was acquired by Peggy Hung Chun Ma's entity, 72nd Street-Broadway Realty Inc., from Wharton Properties and Midtown Equities, who operated through 449 Myrtle Owner LLC.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $9,400,000
• Address: 449 Myrtle Avenue
• Market: Clinton Hill, Brooklyn
• Seller: Jeff Sutton - Wharton Properties & Michael Cayre - Midtown Equities
• Buyer: Peggy Hung Chun Ma
• BSF: 25,800 ~ PPBSF: $364

The sale of the retail building at 449 Myrtle Avenue in Clinton Hill involved Jeff Sutton representing Wharton Properties and Michael Cayre representing Midtown Equities as the sellers, while Peggy Hung Chun Ma acted as the buyer in this transaction.