Yaacov & Shlomo Poston Acquire Retail Space On 79th Street In Little River For $1M

The property asset involved in this transaction is a retail space located at 300 Northeast 79th Street in Little River. The sale price for the asset is $1,000,000, encompassing a total square footage of 2,750, which results in a price per square foot of $363.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,000,000
• Buyer: Yaacov & Shlomo Poston
• Seller: Marie M. Bertrand
• Buyer's Representative: Yaacov Poston & Shlomo Poston - The Real Estate Lab
• Seller's Representative: George Belesis - DWNTWN Realty Advisors
• Square Footage: 2,750
• Price Per Square Foot: $363

Yaacov and Shlomo Poston noted their excitement about the purchase, announcing that the retail space will become the new headquarters for The Real Estate Lab. They also plan to lease out units ranging from 700 to 1,000 square feet, aimed at attracting creatives, professionals, and startups.