Canon Patel Purchases Hotel From Meng Hua Wang In Brooklyn For $20 Million With Troy Gordon As The Broker

The property asset involved in the transaction is a hotel located at 833 39th Street in Brooklyn. The sale price was $20,000,000, with a total square footage of 48,423, resulting in a price per square foot of $413.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $20,000,000
• Address: 833 39th Street
• Market: Brooklyn
• Square Footage: 48,423
• Price per Square Foot: $413
• Buyer: Canon Patel
• Seller: Meng Hua Wang
• Broker: Troy Gordon - Compass

The key individuals involved in the transaction include Canon Patel as the buyer and Meng Hua Wang as the seller. Troy Gordon represented the buyer in this deal through Compass, facilitating the transaction.