Moshe Aharony Acquires Retail Asset In Bridgeport From Maria Hong For $720,000

The property asset involved in this transaction is a retail space located at 2671 Fairfield Avenue in Bridgeport, CT. The sale price for the asset was $720,000, with a total square footage of 2,816, resulting in a price per square foot of $255.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $720,000
• Buyer: Moshe Aharony
• Seller: Maria Hong
• Broker Representatives: Haley Hasho & Ben Wiles - Exodus Capital
• Cap Rate: 8.3%
• Tenants: 3 retail tenants with long-term leases
• Date of Transaction: 8/22/2025
• Notes: 1031 exchange buyer from Queens; contract to close in less than 3 weeks.

Haley Hasho and Ben Wiles from Exodus Capital represented the seller, Maria Hong, in this retail transaction. The buyer, Moshe Aharony, is engaging in a 1031 exchange, indicating strategic investment planning. The transaction showcased a quick closing timeline, aligning with the current market dynamics for retail properties.