Joseph Reigler Purchases Mixed-Use Property At 124 Stuyvesant Avenue Brooklyn For $5 Million With Marcel Fridman As Buyer's Representative

The property asset involved in the transaction is a mixed-use building located at 124 Stuyvesant Avenue in Brooklyn. The sale was completed for $5,000,000, which breaks down to approximately $208,333 per unit for a total of 24 units. The total square footage of the asset is 18,000, resulting in a price per square foot of $277.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,000,000
• Address: 124 Stuyvesant Avenue
• Market: Brooklyn
• Units: 24
• PPU: $208,333
• SF: 18,000
• PPSF: $277

The buyer of the property is Joseph Reigler, who was represented in this transaction by Marcel Fridman from Barcel Group. The involvement of these individuals highlights the professional network engaged in facilitating the sale.