Isra Family Purchases Mixed-Use Property At 1022 Cortelyou Road For $2.8M With Meyer Dagmy As Rep

The property asset involved in this transaction is a mixed-use building located at 1022 Cortelyou Road, Brooklyn. It includes 2 apartments and 2 commercial spaces, contributing to a total of 4 units. The sale was executed for a total amount of $2,800,000, equating to a price per unit of $700,000. The total square footage of the property is 3,600, resulting in a price per square foot of $777.

Summary of transaction details:

• Property Type: Mixed-use (2 Apts & 2 Commercial Spaces)
• Transaction Amount: $2,800,000
• Buyer: Isra Family
• Seller: Avi Shuker
• Buyer's Representative: Meyer Dagmy - MOD
• Seller's Representatives: Dimitri P. Venekas, Jonathan Squires & Nick Kolbus - Cushman & Wakefield
• Units: 4
• Square Footage: 3,600
• Price Per Unit: $700,000
• Price Per Square Foot: $777

This transaction involved key individuals from the brokerage firms representing both the buyer and seller. Meyer Dagmy represented the buyer, Isra Family, while the seller was represented by Dimitri P. Venekas, Jonathan Squires, and Nick Kolbus from Cushman & Wakefield. This collaboration between different brokerage entities reflects the active engagement of professionals in the Brooklyn real estate market.