Mohammed Naeem Acquires Retail Condominium In Bedford Stuyvesant For $9M

Mohammed Naeem has recently acquired the retail condominium located at 948 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The property was sold by Yitzchok Schwartz, represented by Cornell Myrtle LLC, for a total of $9 million. The retail space spans across 20,741 square feet, resulting in a price per square foot of $434.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $9,000,000
• Address: 948 Myrtle Avenue, Bedford Stuyvesant, Brooklyn
• Market: Bedford Stuyvesant, Brooklyn
• Buyer: Mohammed Naeem
• Seller: Yitzchok Schwartz
• Square Footage: 20,741
• Price per Square Foot: $434

In this transaction, Mohammed Naeem successfully purchased the retail condominium at 948 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The seller, Yitzchok Schwartz, was represented by Cornell Myrtle LLC. The deal was finalized for a total price of $9 million. The retail space encompasses 20,741 square feet, and the price per square foot amounts to $434.