Jack Cohen's Comjem Associates Acquires Mixed-Use Property In Flatbush For $5.6M

Located at 1169 Flatbush Avenue in the Flatbush market, the mixed-use property was recently involved in a closed transaction. The property spans a total area of 32,970 square feet, with a price per square foot of $169.85. The transaction involved the sale of 28 units, each priced at $200,000, resulting in a total transaction amount of $5,600,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,600,000
• Address: 1169 Flatbush Avenue
• Market: Flatbush
• Square Footage: 32,970
• Price per Square Foot: $169.85
• Units: 28
• Price per Unit: $200,000

The buyer in this transaction was Jack Cohen of Comjem Associates, while Mark Mehlman acted as the seller. The deal was carried out through their respective representatives.